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    Property profile & analytics

    1150 Hanes Mall Blvd Winston Salem, NC 27103-1311

    • Retail space
    • 40,680 SF
    • 3.45 lot acres
    OFF-MARKET
    Value Estimation
    $7,895,000
    Last Sale
    Jan 24, 2020
    $8,050,000
    Location Intelligence
    Property ID
    US53-2679227
    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

    • Ashley@Home Design Service w Ashley Homestore / Interior Designer
    • Ashley Store / Children'S Furniture Store / Mattress Store
    • Ashley HomeStore Mattress / Mattress Store

    Property Details for 1150 Hanes Mall Blvd

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    3.45 lot acres
    Property size
    40,680 SF
    Zone code
    GB-S
    Property type
    Retail space
    APN
    6804-86-8504.00
    APU
    680486850400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,240,000
      6.5%
      $8,475,000
      7%
      $7,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,145,000
      Geo Method
      $7,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,005,000
      Retail
      $7,235,000
      Mixed-Use
      $7,935,000
      Hospitality
      $8,210,000
      Educational
      $6,835,000
      Residential Income
      $8,770,000
      Energy
      $8,180,000
      Income-Based Land
      $8,505,000
      Food Service
      $8,125,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3236
    Latitude
    36.0687
    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
    2023
    $88,151
    $1,219,100
    $4,986,500
    $6,205,600
    -
    $1,219,100
    $4,986,500
    $6,205,600

    Comparable in this City

    • Value Estimation by Request
      1,720 SF

      1347 Lockland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,720 SF
      1347 Lockland Ave, Winston Salem, NC 27103-5119
      View Details
    • Value Estimation by Request
      13,480 SF

      3708 Creekshire Ct

      RETAIL STORES (PERSONAL SERVICES) • 13,480 SF
      3708 Creekshire Ct, Winston Salem, NC 27103-1363
      View Details
    • Value Estimation by Request
      10,499 SF

      1930 Healy Dr

      RETAIL STORES (PERSONAL SERVICES) • 10,499 SF
      1930 Healy Dr, Winston Salem, NC 27103-3006
      View Details
    • Value Estimation by Request
      3.56 Acres

      2530 Empire Dr

      RETAIL STORES (PERSONAL SERVICES) • 3.56 Acres
      2530 Empire Dr, Winston Salem, NC 27103-6710
      View Details
    • Value Estimation by Request
      91,732 SF

      514 Stratford Rd

      RETAIL STORES (PERSONAL SERVICES) • 91,732 SF
      514 Stratford Rd, Winston Salem, NC 27103-1823
      View Details
    • 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
      View Details

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    Similar Nearby for Lease

    • $24 SF/Yr
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      Cloverdale Plaza Retail Space

      Winston-Salem retail center, high traffic.
      0 Cloverdale Ave & Miller St, Winston-Salem, NC 27103
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      126,940 SF

      Pavilions Shopping Center: Winston-Salem

      High-traffic retail center, 8 spaces available
      694 Hanes Mall Blvd, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      64,143 SF

      Kinnamon Village Retail Center

      Clemmons Shopping Center, Two Suites Available
      4380 Kinnamon Village Dr, Clemmons, NC 27103
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      Oxford Station Retail Space

      Winston-Salem retail center, 1,440 sq ft available
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    • Contact for pricing
      154,173 SF

      Hanes Commons Power Center

      High-traffic Winston-Salem retail center.
      1055 Hanes Mall Blvd, Winston-Salem, NC 27103
      View Details

    Property Visit Statistics

    • Visits by month
      94.2k
    • Visitors by month
      70.6k
    • Avg Time on site
      36 min
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    1150 Hanes Mall Blvd
    Winston Salem, NC 27103-1311
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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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