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    1064 Salisbury Ridge Rd Winston Salem, NC 27127

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    For Sale
    $229,900

    Bank-owned property with value-add potential in Winston-Salem, NC.

    Lot size:
    0.22 Acres

    Property Features for 1064 Salisbury Ridge Rd

    General Information

    Lot size
    0.22 Acres

    Source: Oakdale Commercial Properties Agent Thomas Jarrell

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

    Overview

    Winston-Salem Redevelopment Opportunity

    This property on Salisbury Ridge Rd in Winston-Salem, NC, presents a redevelopment opportunity for a small office or retail investor/user. Zoned Highway Business (HB), the bank-owned property offers value-add potential. The main level features approximately 1,055 sqft, with an unfinished basement and attic providing expansion possibilities. The property benefits from high visibility from Peters Creek and Silas Creek Parkways and is located near I-40, with an approximate daily vehicle count of 57,950 along I-40 Westbound. This property is ideal for owner-occupied small businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Union Cross Electric,LLC Electrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    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
    -80.2586869
    Latitude
    36.0671934

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    FAQs

    What type of property is this?
    Office space - Bank-owned property with value-add potential in Winston-Salem, NC.
    Where is this office space located?
    The property is located at 1064 Salisbury Ridge Rd Winston Salem, NC.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - High visibility location near Peters Creek and Silas Creek Parkways with proximity to I-40.; - Highway Business (HB) zoning suitable for small office or retail use.; - High traffic count of approximately 57,950 vehicles daily on I-40 Westbound.
    (336) 314-3538
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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

    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
    1064 Salisbury Ridge Rd Winston Salem, NC 27127
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