Property profile

5988 University Pkwy Winston Salem, NC 27105

OFF-MARKET
Drive through restaurants
Property ID
US53-0846929
3,100 SF 0.79 ac lot Built 2018
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Construction WOOD FRAME
Total area 3,100 SF
Lot 0.79 ac (34,412 SF)
Zoning code HB
APN 6828-39-1803.00
UPID US53-0846929

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
  • Restaurant

Location

5988 University Pkwy Winston Salem, NC 27105-1342
Winston Salem metro Census 2806 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$710k
Blend (final) Blend
$625k

Owner & transaction history

since 2017
2 recorded transactions
2017
$795,000
2007
$635,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5988 University Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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