4810 Country Club RdWinston-Salem, NC 27104

  • Retail properties
  • 1,630 SF
For Sale

Property Details for 4810 Country Club Rd

Year built
1971
Construction
BRICK
Lot size
0.41 AC
Property size (Sq ft)
1,630 SF
Zone code
HB
Property type
Retail properties
Property subtype
Auto shops
APN
6805-41-0110.00
APU
680541011000

Description

This Winston-Salem, North Carolina storefront presents a compelling investment opportunity. The property, located at 4810 Country Club Rd, features a 1,630 square foot single-tenant retail building situated on a 0.41-acre lot. A 10-year lease is currently in place, with 8.5 years remaining, ensuring consistent rental income. The lease includes built-in rent increases, providing further financial stability. This stabilized investment boasts a 7.00% cap rate, minimizing landlord responsibilities. The property benefits from its strategic location, approximately half a mile from Interstate 40, ensuring high visibility and accessibility. Strong traffic counts further enhance its appeal, with Country Club Road boasting 19,000 vehicles per day and Jonestown Road recording 20,500 vehicles per day. This one-story building represents a low-maintenance, high-return investment in a desirable location. The property's strong tenant and lease terms, combined with its prime location and attractive cap rate, make it an ideal addition to any investment portfolio. The Forsyth County address and 27104 zip code provide additional location details.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $262,880
    6.5%
    $242,659
    7%
    $225,326
  • Comparable approach

    Method
    Valuation
    Relative Method
    $521,390
    Geo Method
    $695,581
  • Alternative Use

    Use
    Valuation
    Residential
    $204,692
    Hospitality
    $187,497
    Educational
    $155,995
    Medical
    $161,360
    Retail
    $242,659
4810 Country Club Rd, Winston-Salem, North Carolina
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Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.0811
Longitude
-80.3401
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
$4,562
$228,400
$96,800
$325,200
-
$228,400
$96,800
$325,200

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