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Property profile & analytics
FOR LEASE
Outlet malls
7760 North Point Blvd Winston-Salem, NC 27106
Entity Owned
22-yr Hold
Free & Clear
Property ID
US53-0612240
For Lease
1 / 5
Contact for pricing
7760 North Point Blvd, Winston-Salem, NC 27106
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Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1974
Construction
BRICK
Total area
137,013 SF
Lot
12 ac (522,720 SF)
Zoning code
GB
APN
6827-16-8739.00
UPID
US53-0612240
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
-
Food Lion Grocery & Convenience Store Food Market
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.31M
Blend (final)
Blend
$9.86M
Owner & transaction history
Peoples National Bank · 22 yrs held
Peoples National Bank
since 2004
3 recorded transactions
Zoning & alternative use
GB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GB District is primarily intended to accommodate a wide range of retail, service, and office, and high density residential uses located along thoroughfares in areas which have developed with minimal front setbacks
Zone name
General Business
General category
COMMERCIAL
Zone area
1,202.90 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.86M
Range $8.87M – $10.84M · ±10%
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
$72 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$117,473
Tax year 2024
Assessed value
$8,423,600
Assessed 2024
Previous assessed
$8,423,600
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$4,300,900
Assessed improvement
$4,122,700
Land market value
$4,300,900
Improvement market value
$4,122,700
Total market value
$8,423,600
Applied tax rate
13,164.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1974
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Total area
137,013 SF
Lot
12 ac (522,720 SF)
Zoning code
GB
APN
6827-16-8739.00
UPID
US53-0612240
Jurisdiction
FORSYTH
Zoning & alternative use
GB · Winston Salem, NCZoning GB · permitted uses
GB · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GB District is primarily intended to accommodate a wide range of retail, service, and office, and high density residential uses located along thoroughfares in areas which have developed with minimal front setbacks
Zone name
General Business
General category
COMMERCIAL
Zone area
1,202.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Lot
12 ac
Current owner
From public records · entity-resolved
Peoples National Bank
Entity
Free & Clear · 22 yrs held
Mailing address
PO BOX 20429, WINSTON SALEM, NC 27120-0429
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2018
—
University Plaza LLC
—
Deed
related
$750,000 · Carter Bank & Trust
Jul 28, 2004
—
Peoples National Bank
University Plaza LLC
Grant Deed
related
—
Jul 30, 2001
—
University Plaza LLC
University Plaza Associates
Quit Claim Deed
related
$16,253,000 · Firstmerit Bank NA
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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