Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    271-289 Mercantile Dr Winston-Salem, NC

    For Sale
    $4,700,000

    35,000+ sqft campus near US 74/Hwy 52 and University Parkway.

    Property size:
    35,000 SF
    Lot size:
    9.41 Acres

    Property Features for 271-289 Mercantile Dr

    General Information

    Size
    35,000 SF
    Lot size
    9.41 Acres

    Source: Mundy Realty Inc. Agent Tannon Hardy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winston-Salem Campus with Redevelopment Potential

    This 9-acre campus in Winston-Salem, North Carolina, features two buildings with a combined total available space of over 35,000 square feet. The property is located close to US 74/Hwy 52 and University Parkway. Potential uses for the property include a day care, call center, school, medical facility, training facility, or corporate offices. The property could also be reconfigured to suit specific needs.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2042436
    Latitude
    36.105232

    Nearby Similar for Sale

    • $1,500,000
      4,042 SF

      Robinhood Road Commercial Property For Sale

      Commercial property with high traffic, dual access, and ample parking.
      3449 Robinhood Rd, Winston-Salem, NC
      View Details
    • Contact for pricing

      Iconic Mid-Century Modern Landmark

      Renovated former gas station near Wake Forest University.
      1231 Polo Rd, Winston-Salem, NC
      View Details
    • $1,600,000
      22,000 SF

      Winston-Salem Warehouse with Office

      22,000 SF warehouse with office space for sale.
      3425 Thomasville Rd, Winston-Salem, NC
      View Details
    • $320,000
      2,050 SF

      Move-in Ready Office Condo

      Well-maintained office condo with flexible layout and convenient location.
      2990 Bethesda Pl, Winston-Salem, NC
      View Details
    • $1,250,000
      18,000 SF

      Historic Retail Building For Sale

      Two-story, 18,000 SF retail building in downtown Winston-Salem.
      408 N Liberty St, Winston-Salem, NC
      View Details
    • $1,500,000

      Corner Lot with Highway Business

      High-traffic corner lot suitable for various business ventures.
      4805 Shattalon Dr, Winston-Salem, NC
      View Details

    FAQs

    What type of property is this?
    Office building - 35,000+ sqft campus near US 74/Hwy 52 and University Parkway.
    Where is this office building located?
    The property is located at 271-289 Mercantile Dr Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - 35000+\/- square feet of combined space.; - **9 acre campus with two buildings.**; - Close proximity to US 74/Hwy 52 and University Parkway.
    (336) 997-6349
    Request Owner's contact information
    271-289 Mercantile Dr Winston-Salem, NC
    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.
    271-289 Mercantile Dr
    Winston-Salem, NC
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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

    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.

    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
    271-289 Mercantile Dr Winston-Salem, NC
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.