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    12201 Nc-150 Winston-Salem, NC 27127

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    12201 Nc-150 Winston-Salem, NC 27127

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    • Neighborhood centers
    • 1,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 12201 Nc-150

    Property size
    1,200 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 1,200 square foot retail space is ideally situated in a strip center at 12201 NC Highway 150, Winston-Salem, North Carolina, within Davidson County. The entire building, totaling 1,200 square feet, is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This presents a blank canvas for a business to establish a strong presence in a high-traffic area. The property's location in Winston-Salem offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The property is classified as a retail strip center, offering convenient access and ample parking for customers. The address is 12201 NC-150, Winston-Salem, NC 27127. This fully available space is perfect for a business seeking immediate occupancy and the chance to customize the interior to perfectly suit their needs. The property's location within Davidson County provides access to a substantial customer base. This is a prime opportunity for a business looking to establish a strong foothold in a thriving community. The property is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2701
    Latitude
    35.9937

    Comparable in this City

    • Value Estimation by Request
      7,800 SF

      5038 Peters Crk Pkwy, Unit 110

      SHOPPING CENTER, STRIP CENTER • 7,800 SF
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    • Value Estimation by Request
      1,640 SF

      166 Millers Crk Dr Ste C

      SHOPPING CENTER, STRIP CENTER • 1,640 SF
      166 Millers Crk Dr Ste C, Winston Salem, NC 27127-3100
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    • Value Estimation by Request
      1,640 SF

      166 Millers Crk Dr Ste B

      SHOPPING CENTER, STRIP CENTER • 1,640 SF
      166 Millers Crk Dr Ste B, Winston Salem, NC 27127-3100
      View Details
    • Value Estimation
      $1,710,000
      77,048 SF

      12201 Nc Hwy 150

      SHOPPING CENTER, STRIP CENTER • 77,048 SF
      12201 Nc Hwy 150, Winston Salem, NC 27127-9731
      View Details
    • Value Estimation by Request
      8,160 SF

      206 Millers Crk Dr

      SHOPPING CENTER, STRIP CENTER • 8,160 SF
      206 Millers Crk Dr, Winston Salem, NC 27127-8926
      View Details
    • Value Estimation
      $14,250,000
      60,943 SF

      5034 Peters Crk Pkwy

      SHOPPING CENTER, STRIP CENTER • 60,943 SF
      5034 Peters Crk Pkwy, Winston Salem, NC 27127-7276
      View Details

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    Winston-Salem, NC 27127
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    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
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