Property profile

1224 Foster St Winston Salem, NC 27127

OFF-MARKET
Commercial land
Property ID
US53-2145655
2,360 SF 0.25 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1987
Construction WOOD FRAME
Total area 2,360 SF
Lot 0.25 ac (10,890 SF)
Zoning code RM18-S
APN 6835-50-2951.00
UPID US53-2145655

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1224 Foster St Winston Salem, NC 27127
Winston Salem metro Census 802 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2025
4 recorded transactions
2025
$250,000
2005
$30,000
2002
$22,500
2001
Price N/A

Zoning & alternative use

RM18-S · Winston Salem, NC
Zoning description

The RM-18 District is primarily intended to accommodate multifamily uses

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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