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    Property profile & analytics

    520 Spring St Winston-Salem, NC 27101

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 520 Spring St

    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional 8,000 square foot single-tenant office space presents a fantastic opportunity in Forsyth County. Ideally situated between the vibrant Downtown and West End areas, this property offers unparalleled convenience and accessibility. The space is classified as both Traditional and Creative Office, making it suitable for a wide range of businesses. The building features one convenient loading dock, significantly enhancing logistical efficiency. A key advantage is the ample free surface parking directly in front of the building, ensuring easy access for employees and clients. Excellent signage opportunities exist, providing high visibility for your business. The property is zoned Pedestrian Business, allowing for both office and retail uses. The asking rent is $10.00 per square foot, plus utilities and janitorial services. This prime location, combined with its functional layout and attractive features, makes this property an exceptional investment. Don't miss this chance to secure a prominent space in a thriving area. Contact us today to schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2535
    Latitude
    36.0998

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      1010 Northwest Blvd

      Medical offices • 5,000 SF
      1010 Northwest Blvd, Winston-Salem, NC 27101
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    • Value Estimation by Request
      2,040 SF

      505 Cherry St

      Restaurants • 2,040 SF
      505 Cherry St, Winston-Salem, NC 27101
      View Details
    • Value Estimation by Request
      4,110 SF

      712 Brookstown Ave

      Restaurants • 4,110 SF
      712 Brookstown Ave, Winston-Salem, NC 27101
      View Details
    • Value Estimation by Request
      7,976 SF

      426 Old Salem Rd

      Office space • 7,976 SF
      426 Old Salem Rd, Winston-Salem, NC 27101
      View Details
    • Value Estimation by Request
      5,286 SF

      224 Cherry St

      Office space • 5,286 SF
      224 Cherry St, Winston-Salem, NC 27101
      View Details
    • Value Estimation by Request
      2,316 SF

      126 Spruce St

      Office space • 2,316 SF
      126 Spruce St, Winston-Salem, NC 27101
      View Details

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    Similar Nearby for Lease

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    520 Spring St
    Winston-Salem, NC 27101
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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
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