Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5910 University Pkwy Winston Salem, NC 27105-1342
    Back to Search
    Property profile & analytics

    5910 University Pkwy Winston Salem, NC 27105-1342

    View on Map
    • Turn key restaurants
    • 3,472 SF
    • 1.03 lot acres
    Off-Market
    Last Sale May 19, 2025
    $400,000
    Property ID
    US53-1409263
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Skills sweepstakes / Cafe & Coffee Shop

    Property Details for 5910 University Pkwy

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    1.03 lot acres
    Property size
    3,472 SF
    Zone code
    HB
    Property type
    Turn key restaurants
    APN
    6828-38-3427.00
    APU
    682838342700

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2763
    Latitude
    36.1845
    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
    $8,529
    $443,200
    $164,800
    $608,000
    -
    $443,200
    $164,800
    $608,000

    Comparable in this City

    • Value Estimation
      $2,545,000
      7,345 SF

      300 Hanes Ml Rd

      RESTAURANT • 7,345 SF
      300 Hanes Ml Rd, Winston Salem, NC 27105-9135
      View Details
    • Value Estimation by Request
      5,325 SF

      108 Polo Rd

      RESTAURANT • 5,325 SF
      108 Polo Rd, Winston Salem, NC 27105-3439
      View Details
    • Value Estimation by Request
      2,432 SF

      5908 University Pkwy

      RESTAURANT • 2,432 SF
      5908 University Pkwy, Winston Salem, NC 27105-1342
      View Details
    • Value Estimation
      $585,000
      7,258 SF

      5920 University Pkwy

      RESTAURANT • 7,258 SF
      5920 University Pkwy, Winston Salem, NC 27105-1342
      View Details
    • Value Estimation by Request
      600 SF

      4288 Patterson Ave

      RESTAURANT • 600 SF
      4288 Patterson Ave, Winston Salem, NC 27105
      View Details
    • Value Estimation by Request
      4,810 SF

      515 Specialty Park Dr

      RESTAURANT • 4,810 SF
      515 Specialty Park Dr, Winston Salem, NC 27105-2553
      View Details

    Similar Nearby for Sale

    • $3,800,000
      35,000 SF

      Winston-Salem Campus with Redevelopment Potential

      35,000+ sqft campus near US 74/Hwy 52 and University Parkway.
      271-289 Mercantile Dr, Winston-Salem, NC 27105
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      6356 University Pkwy, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      Pending

      Residential Land Parcel For Sale

      0.78-acre residential land parcel with gentle slope and tree cover.
      4965 Lyman Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      1.09 Acres

      Wooded Lot on Dillingham Road

      1.09-acre wooded lot with owner financing available.
      183 Dillingham Rd, Winston-Salem, NC 27105
      View Details
    • $34,900
      1.37 Acres

      Land in Winston-Salem, NC

      Residential land available in Winston-Salem, North Carolina.
      Old Greensboro Rd, Winston-Salem, NC 27105
      View Details
    • $38,000
      2.50 Acres

      Residential Land in Winston-Salem

      2.5 acre residential land for sale in Winston-Salem, NC.
      New Walkertown Rd N, Winston-Salem, NC 27105
      View Details

    Similar Nearby for Lease

    • 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

      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

      Stand Alone Retail Space Available

      Retail space with diverse uses, significant parking, pylon signage.
      4404 Old Rural Hall Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing

      Retail Center Shadow Anchored

      Retail center with national retailers and high consumer traffic.
      344 E Hanes Mill Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      545,459 SF

      Winston-Salem Manufacturing/Distribution Facility

      Large industrial facility suitable for manufacturing or distribution.
      401 W Hanes Mill Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      2,800 SF

      Winston-Salem Industrial/Warehouse Property

      Industrial/warehouse property with flexible leasing options in Winston-Salem, NC.
      5709 Robin Wood Ln, 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.
    5910 University Pkwy
    Winston Salem, NC 27105-1342
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5910 University Pkwy, Winston Salem, NC, 27105
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!