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
    The Largest CRE Database in the US with Over 1 Million Listings

    4910 Reynolda Rd Winston-Salem, NC

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $425,000

    Retail property available for sale on Reynolda Road.

    Property size:
    2,890 SF
    Lot size:
    0.51 Acres

    Property Features for 4910 Reynolda Rd

    General Information

    Size
    2,890 SF
    Lot size
    0.51 Acres

    We can help!

    Listing Contact
    Michael Gwyn
    Source: Moodyscre

    Listing Agent: Michael Gwyn

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

    Learn more

    Overview

    Retail Property on Reynolda Road

    A retail property with 2,890 square feet of space is available for sale. The property is located on Reynolda Road in Winston-Salem, North Carolina.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

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

    Nearby Similar for Sale

    • 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
    • $800,000
      6,716 SF

      Childcare Facility on Large Lot

      6,700 SF building on 0.96 acre lot for sale.
      5016 Old Walkertown Rd, Winston-Salem, NC
      View Details
    • $1,699,000
      15,600 SF

      Downtown Winston-Salem Office Building

      15,600 SF building in downtown Winston-Salem for sale/lease.
      201 N Broad St, Winston-Salem, NC
      View Details
    • $4,700,000
      35,000 SF

      Winston-Salem Campus with Redevelopment Potential

      35,000+ sqft campus near US 74/Hwy 52 and University Parkway.
      271-289 Mercantile Dr, Winston-Salem, NC
      View Details
    • $6,750,000
      300,000 SF

      Winston-Salem Industrial/Manufacturing Facility

      300,000 +/- SF industrial facility near I-40.
      3811 Kimwell Dr, Winston-Salem, NC
      View Details
    • $3,425,000
      9,712 SF

      Leased Medical Office Building

      100% leased medical office building with strong credit tenant.
      390 W Salem Ave, Winston-Salem, NC
      View Details
    • $850,000
      12,300 SF

      Winston-Salem Warehouse with Fenced Yard

      12,300 SF warehouse with fenced parking near downtown.
      2101 Sunnyside Ave, Winston-Salem, NC
      View Details
    • $6,979,950
      66,048 SF

      Winston-Salem Warehouse - $6.98M

      66,048 SF Warehouse, Excellent Location
      3655 Reed St, Winston-Salem, NC 27107
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property available for sale on Reynolda Road.
    Where is this retail property located?
    The property is located at 4910 Reynolda Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Retail property available for sale.; - Located on Reynolda Road.; - Additional property details available.
    (336) 972-1815
    Request Owner's contact information
    4910 Reynolda Rd 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.
    4910 Reynolda Rd
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4910 Reynolda Rd 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Gwyn
    (336) 972-1815
    Learn more
    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.