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Property profile

1716 Martin Luther King Jr Dr Winston Salem, NC 27107

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US53-1792791
1,010 SF 0.56 ac Built 1940
Last sale Jul 2017·$25,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$739
Tax billed · 2024
Assessed value$53k
Assessed land$50k
Assessed improvement$2k
Effective rate1.40%

Value estimate

· Nov 2026
$170k
$153k – $187k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
Submarket average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$60 – $222
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GI
The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities
General categoryINDUSTRIAL
JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency23.6
Law Firm16.1
Wholesale Shop15.2

Location

1716 Martin Luther King Jr Dr Winston Salem, NC 27107-1344
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4303 Thomasville, Winston Salem, NC 27107-7041 $274,500 Jun 2025 1,551 SF
4301 Thomasville, Winston Salem, NC 27107 $274,500 Jun 2025 1,772 SF
3006 Kernersville, Winston Salem, NC 27107-1736 $375,000 Mar 2025 1,332 SF
210 Long, Winston Salem, NC 27107 $50,000 Jan 2024 576 SF
3011 Waughtown, Winston Salem, NC 27107-1634 $2,000,000 Dec 2023 1,750 SF
2814 Waughtown, Winston Salem, NC 27107-1619 $90,000 Mar 2021 600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $210,000
    1,120 SF
    143 Gumtree Rd
    RETAIL STORES (PERSONAL SERVICES)
    143 Gumtree Rd, Winston Salem, NC 27107-9436
    View Details
  • Value Estimation
    $345,000
    1,332 SF
    3006 Kernersville Rd
    FINANCIAL BUILDING
    3006 Kernersville Rd, Winston Salem, NC 27107-1736
    View Details
  • Value Estimation
    $295,000
    1,523 SF
    621 Sprague St
    RETAIL STORES (PERSONAL SERVICES)
    621 Sprague St, Winston Salem, NC 27107-3243
    View Details
  • Value Estimation
    $225,000
    1,566 SF
    1150 Sprague St
    RETAIL STORES (PERSONAL SERVICES)
    1150 Sprague St, Winston Salem, NC 27107-3431
    View Details
  • Value Estimation by Request
    1,772 SF
    4301 Thomasville Rd
    RETAIL STORES (PERSONAL SERVICES)
    4301 Thomasville Rd, Winston Salem, NC 27107
    View Details
  • Value Estimation
    $390,000
    1,782 SF
    1500 Sprague St
    CONVENIENCE STORE
    1500 Sprague St, Winston Salem, NC 27107-3515
    View Details

Similar in This City for Sale

  • Contact for pricing
    6,000 SF
    NNN Retail Investment
    Single-tenant NNN retail property leased to Mattress Firm in Winston-Salem.
    920 HANES MALL BLVD, Winston Salem, NC 27103
    View Details
  • New
    $795,000
    8,150 SF
    Mixed-Use Storefront with Upper Suites
    Two-level commercial property with display windows, street access, and renovated upper-floor suites.
    418-420 N. Liberty Street, Winston Salem, NC 27101
    View Details
  • New
    Contact for pricing
    13,493 SF
    Retail Property in West End
    Retail property in Winston-Salem's West End District for sale.
    212 N Broad St, Winston Salem, NC 27101
    View Details
  • $1,950,000
    Historic Mixed-Use Building
    Street-level corner retail space is paired with unfinished upper-level areas for office or creative use.
    131 W. 4th Street, Winston Salem, NC 27101
    View Details

Similar in This City for Lease

  • New
    $12 SF/Yr
    8,374 sqft
    Two-Floor Flex Retail Gym Space
    Renovated in 2014, this two-floor building offers a flexible interior with a drive-in door and onsite parking.
    610 N. Liberty Street, Winston Salem, NC 27101
    View Details
  • Contact for pricing
    Retail Space with Existing Shelving
    Ready for immediate occupancy in a high-visibility corridor, with an established retail layout and existing shelving.
    528-520 N Martin Luther King Jr Dr, Winston Salem, NC 27101
    View Details
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