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    1606 Stratford Rd Winston-Salem, NC 27103

    • Retail space
    • 11,770 SF
    • 0.76 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US53-1751608
    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

    • Get Fit! Personal training LLC / Personal Trainer / Physical Fitness Program
    • Smoke King / Tobacco Shop
    • Aqua Spa & Nails / Nail Salon / Beauty Salon
    • America's Mattress / Mattress Store / Bed Shop

    Property Details for 1606 Stratford Rd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.76 lot acres
    Property size
    11,770 SF
    Zone code
    GB
    Property type
    Retail space
    APN
    6814-47-5203.00
    APU
    681447520300

    Description

    This exceptional retail property, located at 1606 S Stratford Road in Winston-Salem, NC, offers 11,477 square feet of space across three suites, with 5,478 square feet currently vacant. Built in 1984 and renovated in 2024, the property sits on a 0.76-acre lot and boasts 40 parking spaces. Its prime location in a major retail corridor provides excellent visibility, enhanced by a prominent monument sign along S. Stratford Road. The property benefits from its proximity to Hanes Mall, a 1.55 million square foot retail center anchored by major retailers, and is less than a mile from I-40 on/off ramps. This strategic location ensures high consumer traffic, further amplified by the presence of numerous national retailers in the immediate vicinity, including The Home Depot, Costco, Sam's Club, Target, Lowe's, and many more. The property is zoned GB and presents a significant opportunity for investors and retailers seeking a high-traffic location in a thriving market. The building does not include elevators.

    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
    -80.3044
    Latitude
    36.0709
    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
    $16,552
    $718,000
    $490,500
    $1,208,500
    -
    $718,000
    $490,500
    $1,208,500

    Comparable in this City

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      91,732 SF

      514 Stratford Rd

      RETAIL STORES (PERSONAL SERVICES) • 91,732 SF
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    • Value Estimation by Request
      12,500 SF

      636 Stratford Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,500 SF
      636 Stratford Rd, Winston Salem, NC 27103-1756
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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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