3870 Bethania Station Road, Winston Salem, NC 27106
COMMERCIAL - Winston Salem, NC
- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 3870 Bethania Station Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Hb-S/Rm18/Rs9
- Standard status
- Active
- APN
- 6817692775000
- Size
- 3,200 SF
- Lot size
- 21.77 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Johannes Restaurant (Old Par) Lo:111B Bl:3457 Bu:1
- Tax Annual Amount
- 3956
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Building materials
- Vinyl Siding
Listing agent Bill Bracey (919) 619-2160
Listing office Franklin Street Realty 1525 E Franklin St, Chapel Hill, NC (919) 929-7174
Listing date Jun 18, 2026
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two tax parcels included for approx. 35 acres total, subject to survey
- Year built: 1995
- Construction material: vinyl siding
- Zoned use options mentioned: event space, farm‑to‑table restaurant or brewery
- Conversion potential mentioned: convert back to historic use as a par‑three golf course, subject to current zoning and restrictions
Overview
The land is located at 3870 Bethania Station Road in Winston Salem, North Carolina (Forsyth County). Zoning is listed as Hb-S/Rm18/Rs9, which is a key factor for evaluating allowable uses and any development or conversion plans.
For operators and developers, this is a straightforward land assembly option where the primary asset is acreage with flexibility for experiential and food-and-beverage oriented uses, as well as potential recreation programming. Any intended restaurant, brewery, or golf-course conversion would need to be confirmed against the governing zoning and restrictions noted for the parcels before moving forward.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.9k | $24.96 |
| − Vacancy | −$2.7k | −$0.85 |
| EGI | $77.2k | $24.11 |
| − OpEx | −$19.3k | −$6.03 |
| NOI | $57.9k | $18.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winston Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.298744
- Latitude
- 36.160837
