Financial
Distress signals
Property profile

511 Shepherd St Winston Salem, NC 27103

OFF-MARKET
Commercial real estate
Property ID
US53-1562948
0.44 ac lot
Last sale May 2025 · $324,500
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Winston-Salem, NC property at 511 Shepherd Street offers two vacant, move-in ready office suites for sale. The building, situated on a 0.44-acre lot, features a total of two stories and is zoned GO. Suite 201, encompassing approximately 1,490 square feet, is a well-designed space ideal for owner-occupancy or investment. This suite boasts a lobby, seven offices (one suitable for a conference room), and a small break room. Ample surface parking is available. Suite 203,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$100
Assessed improvement$100

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$39 – $151

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GO
The GO District is primarily intended to accommodate high intensity office uses and supporting services, as well as intermediate-density ...
General categoryRESIDENTIAL
JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility12.3
Storage Facility10.8
Plumbing Service10.1

Location

511 Shepherd St Winston Salem, NC 27103-1639
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1912 Margaret, Winston Salem, NC 27103-3002 $3,556,000 Jul 2024 5,298 SF
600 Peters Crk, Winston Salem, NC 27103-3825 $1,200,000 Feb 2024 17,620 SF
578 Westview, Winston Salem, NC 27103-1811 $1,801,500 Apr 2022 No data
Charlois, Winston Salem, NC 27103 $8,450,000 Oct 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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