Property profile

2222 Patterson Ave Winston Salem, NC 27105

OFF-MARKET
Bars & Pubs
Property ID
US53-1903508
2,929 SF 0.05 ac lot Built 1932
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1932
Construction STEEL FRAME
Total area 2,929 SF
Lot 0.05 ac (2,178 SF)
Zoning code LB
APN 6836-33-1927.00
UPID US53-1903508

Cap rate & NOI

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

Location

2222 Patterson Ave Winston Salem, NC 27105-6037
Winston Salem metro Census 400 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2022
Last sale
$16,667
2 recorded transactions
2022
$50,000
2001
$22,000

Zoning & alternative use

LB · Winston Salem, NC
Zoning description

The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas

General category COMMERCIAL

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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