Property profile

5601 University Pkwy Winston Salem, NC 27105

OFF-MARKET
Theaters & concert halls
Property ID
US53-1767032
92,721 SF 22.79 ac lot Built 2005
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 2005
Construction STEEL FRAME
Total area 92,721 SF
Lot 22.79 ac (992,732 SF)
Zoning code HB
APN 6828-34-8599.00
UPID US53-1767032

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cinema Theater & Performing Art Venue
  • Cinema Theater & Performing Art Venue

Location

5601 University Pkwy Winston Salem, NC 27105-1313
Winston Salem metro Census 2806 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$910k

Owner & transaction history

since 2006
3 recorded transactions
2023
Price N/A
2006
Price N/A
2005
$3.6M

Zoning & alternative use

HB · Winston Salem, NC
Zoning description

The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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