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    712 Brookstown Ave Winston-Salem, NC 27101

    • Commercial real estate
    • 4,110 SF
    • 0.40 lot acres
    For Sale
    View listing
    $665,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-0283891
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 712 Brookstown Ave

    Year built
    1892
    Lot size
    0.40 lot acres
    Property size
    4,110 SF
    Property type
    Commercial real estate

    Description

    This 4,110 square foot, two-story building at 712 Brookstown Avenue in Winston-Salem, North Carolina presents a unique redevelopment opportunity. Located on a 0.4-acre lot, this vacant property boasts 25 parking spaces and exceptional visibility, situated on a high-traffic street with 14,000 vehicles passing daily. Previously operating as Miami Café, the building offers versatile potential for various uses, including residential conversion, traditional retail or office space, or a restaurant. Its prime location, just one block from Truist Stadium and across from the Easley, a 300-unit apartment community, ensures high foot traffic and strong potential for success. The property is zoned PB and features a classic architectural style, built in 1892. The asking price is $665,000, translating to $161.80 per square foot. This is a rare chance to acquire a historic property in a thriving downtown area with significant redevelopment potential. The property is currently vacant, allowing for immediate customization to suit your vision. Invest in a piece of Winston-Salem's history and capitalize on its vibrant future.

    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
    -80.25304903
    Latitude
    36.09440756

    Comparable in this City

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      Chatham Road Mixed-Use Investment

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      Downtown Winston-Salem Retail Trio

      Historic Hines Shoe Co. Building, Multi-Tenant Opportunity
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    • $65,000
      0.89 Acres

      Winston-Salem Vacant Lot Opportunity

      0.89-acre vacant lot ready for building in Winston-Salem.
      4722 Acron Hl Dr, Winston-Salem, NC 27101
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    Similar Nearby for Sale

    • $1,300,000

      East Winston Fully Occupied Multifamily

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      1401 E 5Th St, Winston Salem, NC 27101
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    • $1,950,000
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      Chatham Road Mixed-Use Investment

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      Downtown Winston-Salem Office Building

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      Downtown Winston-Salem Office Building

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      201 Broad St, Winston-Salem, NC 27101
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      Downtown Winston-Salem Retail Trio

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      View Details
    • $65,000
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      Winston-Salem Vacant Lot Opportunity

      0.89-acre vacant lot ready for building in Winston-Salem.
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      View Details

    Similar Nearby for Lease

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    • $15 SF/Yr
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      Winston-Salem Office Space for Lease

      2,050 sq ft Office, Downtown Winston-Salem
      119 Brookstown Ave, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
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    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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