Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2414 Stratford Rd Winston Salem, NC 27103-6226
    Back to Search
    Property profile & analytics

    2414 Stratford Rd Winston Salem, NC 27103-6226

    View on Map
    • Commercial land
    • 990 SF
    • 1.30 lot acres
    For Lease
    $80,000 SF/Yr
    View Listing →
    Commercial Land on Stratford Road For Lease
    $80,000 SF/Yr

    Commercial Land on Stratford Road

    Strategically located commercial land available for rent.

    2414 S Stratford Rd, Winston-salem, NC 27103
    View Listing
    Property ID
    US53-0295369
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 2414 Stratford Rd

    Year built
    1948
    Lot size
    1.30 lot acres
    Property size
    990 SF
    Zone code
    HB
    Property type
    Commercial land
    APN
    6804-91-5281.00
    APU
    680491528100

    Description

    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Winston-Salem, North Carolina. Strategically positioned between Hanes Mall Boulevard, Forsyth County's primary retail corridor, and Hillcrest Village, this property enjoys high visibility and accessibility. The site boasts 225 feet of frontage on Stratford Road and extends approximately 250 feet deep, offering ample space for development. The topography features a roughly graded pad, gently sloping towards the rear. The property is zoned Liberal Highway Business (HB) with no conditions, providing flexibility for a variety of commercial uses. Its location on the "Going Home" side of Stratford Road leading to Clemmons further enhances its appeal. Nearby established businesses include Sheetz, Food Lion, Lowe's Home Improvement, Cities Grill, Village Tavern, CVS Pharmacy, La Quinta Hotel, Best Buy, and Home Depot, indicating a thriving commercial environment. This property is ideal for developers seeking a well-located site with significant potential for growth and return on investment in a high-traffic area of Winston-Salem. The address is 2414 S Stratford Rd, Winston-Salem, NC 27103, situated in Forsyth County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3208
    Latitude
    36.0542
    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
    $5,144
    $366,700
    $0.00
    $366,700
    -
    $366,700
    $0.00
    $366,700

    Comparable in this City

    • Value Estimation by Request
      5.51 Acres

      Silas Crk Pkwy

      VACANT COMMERCIAL LAND • 5.51 Acres
      Silas Crk Pkwy, Winston Salem, NC 27103
      View Details
    • Value Estimation by Request
      0.06 Acres

      Genia Dr

      VACANT COMMERCIAL LAND • 0.06 Acres
      Genia Dr, Winston Salem, NC 27103
      View Details
    • Value Estimation by Request
      6.32 Acres

      674 Hanestown Ave

      VACANT COMMERCIAL LAND • 6.32 Acres
      674 Hanestown Ave, Winston Salem, NC 27103
      View Details
    • Value Estimation by Request
      0.12 Acres

      Golding Ctr Dr

      VACANT COMMERCIAL LAND • 0.12 Acres
      Golding Ctr Dr, Winston Salem, NC 27103
      View Details
    • Value Estimation by Request
      4.85 Acres

      Hanes Mall Blvd

      VACANT COMMERCIAL LAND • 4.85 Acres
      Hanes Mall Blvd, Winston Salem, NC 27103
      View Details
    • Value Estimation by Request
      0.19 Acres

      304 Thurston St

      VACANT COMMERCIAL LAND • 741 SF
      304 Thurston St, Winston Salem, NC 27103-1732
      View Details

    Similar Nearby for Sale

    • $300,000
      1.11 Acres

      Winston-Salem Commercial Land Available

      Two combined lots near I-40 and shopping, zoned GO.
      3660/3670 Westgate Center Cir, Winston-Salem, NC 27103
      View Details
    • Contact for pricing

      Clemmons Industrial Land For Sale

      Industrial land in Clemmons location, close to I-40.
      6010 Gun Club Rd, Winston-Salem, NC 27103
      View Details
    • $400,000
      2.56 Acres

      Winston-Salem Land For Sale

      2.56 acre commercial land with high visibility and frontage.
      1470 Westbrook Plaza Dr, Winston-Salem, NC 27103
      View Details
    • Contact for pricing

      Development Opportunity Near Hanes Mall

      10.8-acre site near retail corridor and medical park.
      2010 Burke Mill Rd, Winston-Salem, NC 27103
      View Details
    • $300,000
      1.11 Acres

      Winston-Salem Commercial Land Available

      Two combined lots totaling 1.11 acres near I-40.
      3660/3670 Westgate Center Cir, Winston-Salem, NC 27103
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      6,217 SF

      Stratford Road Office Space Available

      Office spaces available for lease on Stratford Road.
      514 S Stratford Rd, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      15,000 SF

      Winston-Salem Industrial Space Available

      15,000 SF industrial space featuring warehouse and office areas.
      2534 Empire Dr, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space Near Hanes Mall

      Retail space available near Hanes Mall, Winston-Salem.
      3206-3282 Silas Creek Pkwy, Winston-Salem, NC 27103
      View Details
    • $24 SF/Yr
      1,979 SF

      Retail Space Near Thruway Center

      Retail space available in high-traffic Winston-Salem location.
      205 S Stratford Rd, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      1,500 SF

      Office Space For Rent

      Office space available with ample parking and TIA.
      1373 Westgate Center Dr, Winston-Salem, NC 27103
      View Details
    • Contact for pricing

      Retail Space Near Hanes Mall

      Retail space in Winston-Salem's primary retail corridor.
      1606 S Stratford Rd, Winston-Salem, NC 27103
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2414 Stratford Rd
    Winston Salem, NC 27103-6226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2414 Stratford Rd, Winston Salem, NC, 27103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!