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    1504 Miller St Winston Salem, NC 27103

    Pending
    For Sale
    $199,500

    Commercial - Winston-Salem, NC

    Lot size:
    0.74 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1504 Miller St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RM18
    Lot size
    0.74 Acres

    Building Details

    Architectural style
    Other

    Berkshire Hathaway HomeServices Carolinas Realty (888) 778-2276 [email protected]

    Listing agent George Munford (888) 778-2276

    Listing date Nov 26, 2025

    MLS# 1202383 Listing URL

    Copyright © 2025 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winston-Salem Commercial Land For Sale

    This unique 0.74-acre property is located in Winston-Salem, North Carolina. Zoned RM18, the site is suitable for development and may accommodate up to 13 mid-rise apartments or condos. The lot features a gentle slope from front to rear. Water and sewer connections are easily accessible. The zoning classification is advantageous for an in-fill location. The property is situated directly across from Ardmore Hall and the Allman Center of Forsyth Tech.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.27395
    Latitude
    36.069154

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    FAQs

    What type of property is this?
    Commercial land - Unique 0.74-acre commercial land zoned RM18 in Winston-Salem, NC.
    Where is this commercial land located?
    The property is located at 1504 Miller St Winston Salem, NC.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: - RM 18 Zoning: Permits development of up to 13 mid-rise apartments or condos.; - In-fill Location: Great zoning classification for maximizing land use.; - Water and Sewer Accessibility: Utilities are easily accessible for development.
    (888) 778-2276
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    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

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    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
    1504 Miller St Winston Salem, NC 27103
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