5160 Reidsville RdWalkertown, NC 27051

  • Retail properties
  • 75,219 SF
For Lease

Property Details for 5160 Reidsville Rd

Year built
2003
Construction
CONCRETE
Lot size
14.47 AC
Property size (Sq ft)
75,219 SF
Zone code
HB-S,LO-S
Property type
Retail properties
Property subtype
Strip malls
APN
6868-40-3261.00
APU
686840326100

Description

This exceptional retail opportunity is located in the thriving Walkertown Commons, situated at 5160 Reidsville Road, Walkertown, NC 27051, within Forsyth County. The property offers a single, vacant storefront totaling 1,006 square feet, perfect for a variety of retail or restaurant uses. The larger building encompasses 81,443 square feet and features ample parking with 418 spaces available for customers and employees. The property sits on a generous 10.5-acre lot, providing excellent visibility and accessibility from Reidsville Road. This is a multi-tenant building, offering the potential for synergy with established businesses. The property's location in Walkertown, North Carolina, provides access to a strong local market and convenient access to major transportation routes. The 1,006 square foot space is immediately available for lease, presenting a unique chance to establish or expand your business in a prime retail location. The property's size and parking capacity make it ideal for businesses requiring significant space and customer parking. This is a turnkey opportunity to secure a well-located retail space in a thriving community. Contact us today to learn more about this exceptional property.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,131,039
    6.5%
    $11,197,882
    7%
    $10,398,033
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,060,380
    Geo Method
    $32,098,716
  • Alternative Use

    Use
    Valuation
    Residential
    $9,445,832
    Hospitality
    $8,652,332
    Educational
    $7,198,638
    Medical
    $7,446,210
    Retail
    $11,197,882
5160 Reidsville Rd, Walkertown, North Carolina
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Location Insight

City
Walkertown
County
Forsyth
State
North Carolina
Latitude
36.1629
Longitude
-80.1368
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$106,521
$4,661,400
$8,754,200
$13,415,600
-
$4,661,400
$8,754,200
$13,415,600

FAQs

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