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    Property profile & analytics

    1500 Sprague St Winston Salem, NC 27107-3515

    • Grocery and convenience stores
    • 1,782 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Last Sale
    May 22, 2025
    $520,000
    Location Intelligence
    Property ID
    US53-1980955
    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

    • Friendly Food Mart / Convenience Store / Gas Station
    • ATM / Atm
    • Bitcoin Depot - Bitcoin ATM / Atm / Crypto Atm

    Property Details for 1500 Sprague St

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    1,782 SF
    Zone code
    RS9
    Property type
    Grocery and convenience stores
    APN
    6844-34-4845.00
    APU
    684434484500

    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
    -80.2064
    Latitude
    36.0653
    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
    $2,365
    $20,600
    $148,000
    $168,600
    -
    $20,600
    $148,000
    $168,600

    Comparable in this City

    • Value Estimation by Request
      2,308 SF

      10111 Old Us Hwy 52

      CONVENIENCE STORE • 2,308 SF
      10111 Old Us Hwy 52, Winston Salem, NC 27107-8716
      View Details
    • Value Estimation
      $460,000
      2,184 SF

      120 Linville Ln

      CONVENIENCE STORE • 2,184 SF
      120 Linville Ln, Winston Salem, NC 27107-7498
      View Details
    • Value Estimation
      $2,340,000
      1,750 SF

      3011 Waughtown St

      CONVENIENCE STORE • 1,750 SF
      3011 Waughtown St, Winston Salem, NC 27107-1634
      View Details
    • Value Estimation
      $155,000
      3,933 SF

      2946 Waughtown St

      CONVENIENCE STORE • 3,933 SF
      2946 Waughtown St, Winston Salem, NC 27107-1621
      View Details
    • Value Estimation
      $305,000
      1,200 SF

      1035 Clemmonsville Rd

      CONVENIENCE STORE • 1,200 SF
      1035 Clemmonsville Rd, Winston Salem, NC 27107-4265
      View Details
    • Value Estimation
      $275,000
      2,080 SF

      3324 Thomasville Rd

      CONVENIENCE STORE • 2,080 SF
      3324 Thomasville Rd, Winston Salem, NC 27107-5437
      View Details

    Similar Nearby for Sale

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      Pending

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    • $705,675
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      Winston-Salem Wooded Land Tract

      9.21 acre wooded land tract in Winston-Salem, North Carolina.
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      Land Package For Sale

      Land being sold as a package with adjacent lot.
      1605 Waughtown St, Winston Salem, NC 27107
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    • Contact for pricing

      Land Package For Sale

      Land for sale as a package deal.
      Marble St, Winston Salem, NC 27107
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    Similar Nearby for Lease

    • $7 SF/Yr
      17,595 SF

      Retail Space with Loading Dock

      17,595 SF retail space available with loading dock.
      189 Hickory Tree Rd, Winston Salem, NC 27107
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      23,759 SF

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      Winston-Salem Retail Opportunity: 1,000-17,595 SF
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    • $4 SF/Yr
      96,248 SF

      Waughtown Street Flex Space Available

      Forsyth County industrial flex space, 25,207-96,248 SF
      1539 Waughtown St, Winston-Salem, NC 27107
      View Details
    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
      1624 Union Cross Rd, Winston Salem, NC 27107
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    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
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      View Details
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    1500 Sprague St
    Winston Salem, NC 27107-3515
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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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