Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5471 University Pkwy Winston Salem, NC 27105-1374

    • Drug stores
    • 10,125 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $6,260,000
    Last Sale
    Jul 29, 2022
    $5,030,000
    Location Intelligence
    Property ID
    US53-1543706
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVS Photo / Photo Shop / Print Shop
    • CVS Pharmacy / Pharmacy
    • Redbox / Movie Rental Kiosk / Dvd Store
    • MoneyGram / Money Transfer Service
    • CVS / Wine Store / Drug Store

    Property Details for 5471 University Pkwy

    Year built
    2002
    Construction
    STEEL FRAME
    Lot size
    1.62 lot acres
    Property size
    10,125 SF
    Zone code
    HB
    Property type
    Drug stores
    APN
    6828-33-1522.00
    APU
    682833152200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,765,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,025,000
      6.5%
      $5,075,000
      7%
      $5,435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,015,000
      Geo Method
      $4,565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,430,000
      Retail
      $4,895,000
      Mixed-Use
      $4,580,000
      Hospitality
      $4,150,000
      Educational
      $4,675,000
      Residential Income
      $4,425,000
      Energy
      $5,510,000
      Income-Based Land
      $5,605,000
      Food Service
      $4,920,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2769
    Latitude
    36.1709
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,251
    $1,435,700
    $1,085,100
    $2,520,800
    -
    $1,435,700
    $1,085,100
    $2,520,800

    Comparable in this City

    • Value Estimation
      $260,000
      2,400 SF

      1345 Liberty St

      DRUG STORE, PHARMACY • 2,400 SF
      1345 Liberty St, Winston Salem, NC 27105-6625
      View Details
    • Value Estimation
      $645,000
      3,479 SF

      5701 University Pkwy

      DRUG STORE, PHARMACY • 3,479 SF
      5701 University Pkwy, Winston Salem, NC 27105-1378
      View Details
    • Value Estimation by Request
      14,820 SF

      5496 University Pkwy

      DRUG STORE, PHARMACY • 14,820 SF
      5496 University Pkwy, Winston Salem, NC 27105-1366
      View Details
    • Value Estimation by Request
      0.14 Acres

      2100 Liberty St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      2100 Liberty St, Winston Salem, NC 27105-5339
      View Details
    • Value Estimation by Request
      11,292 SF

      5995 Museum Dr

      FINANCIAL BUILDING • 11,292 SF
      5995 Museum Dr, Winston Salem, NC 27105-9813
      View Details
    • Value Estimation by Request
      628 SF

      2002 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 628 SF
      2002 Cleveland Ave, Winston Salem, NC 27105-6200
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      University Parkway Retail Opportunity

      Newly renovated NNN leased retail property near Wake Forest University.
      5610 University Pkwy, Winston Salem, NC 27105
      View Details
    • $399,000
      9.62 Acres

      Winston-Salem Commercial Land - $399,000

      9.6 Acres Retail Land, I-74 Access
      4143 Patterson Ave, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      839,252 SF

      Winston-Salem Warehouse - 839,252 SF

      Massive Warehouse, Ideal for Distribution
      401 Hanes Ml Rd, Winston-Salem, NC 27105
      View Details
    • $645,000
      1.40 Acres

      Prime Winston-Salem Retail Land

      1.4 Acres, High-Traffic Location
      321 Smt Sq Ct, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      0.90 Acres

      University Parkway Commercial Land

      Prime Winston-Salem development opportunity.
      5455 University Pkwy, Winston-Salem, NC 27105
      View Details
    • $1,105,800
      5.70 Acres

      University Parkway Land Assemblage

      5.7 Acres, Multi-Family Potential, Winston-Salem
      6148 University Pkwy, Winston-Salem, NC 27105
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      9,315 SF

      Winston-Salem Retail Space

      9,315 SF Single-Tenant Retail
      4404 Old Rural Hall Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing

      Retail Space Near Sam's Club

      Retail space available in North Summit Square.
      256 Summit Square Blvd, Winston Salem, NC 27105
      View Details
    • Contact for pricing
      142,306 SF

      Oak Summit Retail Center

      Winston-Salem, NC Shopping Center
      344 Hanes Ml Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      4,178 SF

      Freestanding Restaurant Building with Drive-Thru

      4,178 SF freestanding restaurant building with drive-thru for lease.
      4684 North Patterson Ave, Winston Salem, NC 27105
      View Details
    • Contact for pricing
      839,252 SF

      Hanes Mill Road Industrial Facility

      Large-scale industrial space for lease/sale in Winston-Salem.
      401 Hanes Ml Rd, Winston-Salem, NC 27105
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5471 University Pkwy
    Winston Salem, NC 27105-1374
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.