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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Retail space
5365 Robinhood Rd, Winston Salem, NC 27106-9760
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-0845996
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
BRICK
Total area
10,672 SF
Lot
1.47 ac (64,033 SF)
Zoning code
LB
APN
5896-56-1173.00
UPID
US53-0845996
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Victory Outreach Center Church
-
Bless Your Heart Wine and Art Party Supply Store (Bike/Boat/Book/etc) Store
-
First Sun Consulting, LLC- Outplacement Services Business Service Center Employment Agency
-
CMIT Solutions of Winston-Salem Corporate Office Business Park
-
Love Nc Hemp Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$1.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Hutton Winston Salem Robinhood Nc S
Hutton Winston Salem Robinhood Nc S
since 2025
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
LB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+26.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winston Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winston Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
$1,950,000
6.5%
$1,800,000
7%
$1,670,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,405,000
Current use
MEDICAL BUILDING
$1,770,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,380,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Jan 30 2024)
Last sale anchor
$1.50M
Jan 30 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,711
Tax year 2023
Assessed value
$614,400
Assessed 2024
Previous assessed
$614,400
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$380,600
Assessed improvement
$233,800
Land market value
$380,600
Improvement market value
$233,800
Total market value
$614,400
Applied tax rate
7,814.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Total area
10,672 SF
Lot
1.47 ac (64,033 SF)
Zoning code
LB
APN
5896-56-1173.00
UPID
US53-0845996
Jurisdiction
FORSYTH
Zoning & alternative use
LB · Winston Salem, NC
Zoning LB · permitted uses
LB · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winston Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Hutton Winston Salem Robinhood Nc S
Individual
Free & Clear · 0 yrs held
Mailing address
736 CHERRY ST, CHATTANOOGA, TN 37402-1909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
Hutton Winston Salem Robinhood Nc S
Hutton Winston Salem Robinhood Nc S
Deed
related
—
May 7, 2025
—
Hutton Winston Salem Robinhood Nc S
—
Deed
related
$5,000,000 · Citizens Bank
Jan 30, 2024
$1,500,000
Hutton Winston Salem Robinhood Nc S
Laura S Brown
Special Warranty Deed
—
May 23, 2022
—
Laura S Brown
—
Deed
related
$51,512 · Easystreet Properties LLC
Feb 28, 2017
—
Carolyn C Shelton
Shelton Carolyn C
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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