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    Cloverdale Ave. & Miller St Winston-Salem, NC 27103

    • Retail properties
    • 132,590 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Cloverdale Ave. & Miller St

    Property size
    132,590 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    Cloverdale Plaza offers exceptional retail and restaurant opportunities in Winston-Salem, North Carolina. This established neighborhood shopping center boasts a total of 132,590 square feet and is strategically located directly across from Wake Forest Baptist Medical Center in the desirable Ardmore area. The property features ample parking with 531 spaces, ensuring convenient access for customers. Currently, there are 13,600 square feet of vacant space available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 9,000 square feet. This presents a unique chance for businesses seeking flexible space options to suit their specific needs. The center's prime location within Forsyth County, at the intersection of Cloverdale Avenue and Miller Street, (zip code 27103) guarantees high visibility and foot traffic, benefiting from the proximity to the medical center and the affluent Ardmore neighborhood. This is an ideal opportunity for businesses seeking a well-established location with strong potential for growth and success. The property's multiple tenancy structure offers a diverse and vibrant shopping environment, creating a synergistic atmosphere for all tenants. Contact us today to learn more about this exceptional retail space.

    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
    -80.2753
    Latitude
    36.091

    Comparable in this City

    • Value Estimation by Request
      132,190 SF

      Cloverdale Ave & Miller St

      Restaurants • 132,190 SF
      0 Cloverdale Ave & Miller St, Winston-Salem, NC 27103
      View Details
    • Value Estimation by Request

      1610 Fox Trot Ct

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      1610 Fox Trot Ct, Winston-Salem, NC 27103
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      64,143 SF

      4380 Kinnamon Vlg

      Retail properties • 64,143 SF
      4380 Kinnamon Vlg, Clemmons, NC 27103
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      3756 Creekshire Ct

      Medical offices
      3756 Creekshire Ct, Winston-Salem, NC 27103
      View Details
    • Value Estimation by Request
      141,148 SF

      3320 Silas Crk Pkwy

      DEPARTMENT STORE • 141,148 SF
      3320 Silas Crk Pkwy, Winston Salem, NC 27103-3011
      View Details
    • Value Estimation
      $335,000
      1,690 SF

      503 Harvey St

      DEPARTMENT STORE (MULTI-STORY) • 1,690 SF
      503 Harvey St, Winston Salem, NC 27103-1604
      View Details

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    Similar Nearby for Lease

    • $24 SF/Yr
      132,190 SF

      Cloverdale Plaza Retail Space

      Winston-Salem retail center, high traffic.
      0 Cloverdale Ave & Miller St, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      132,590 SF

      Cloverdale Plaza Retail Space

      Winston-Salem retail center, high traffic.
      0 Cloverdale Ave. & Miller St, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
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      High-Visibility Retail Opportunity in Winston-Salem
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    Winston-Salem, NC 27103
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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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