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    Property profile & analytics

    3488 Robinhood Rd Winston Salem, NC 27106-4702

    • Drug stores
    • 13,462 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $6,555,000
    Last Sale
    Oct 27, 2021
    $5,669,000
    Location Intelligence
    Property ID
    US53-5636730
    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

    • Walgreens Photo / Photo Lab / Photo Shop
    • Michael J. Stegall, RPH / Pharmacy
    • Jeremy Howell, Pharm / Pharmacy
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Walgreens / Stationery Store / Drug Store

    Property Details for 3488 Robinhood Rd

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    1.31 lot acres
    Property size
    13,462 SF
    Zone code
    HB-S
    Property type
    Drug stores
    APN
    6816-04-5559.00
    APU
    681604555900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,800,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,590,000
      6.5%
      $6,280,000
      7%
      $5,590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,415,000
      Geo Method
      $5,755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,910,000
      Retail
      $6,405,000
      Mixed-Use
      $5,405,000
      Hospitality
      $5,880,000
      Educational
      $6,900,000
      Residential Income
      $6,780,000
      Energy
      $5,030,000
      Income-Based Land
      $5,475,000
      Food Service
      $5,790,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3185
    Latitude
    36.1185
    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
    $66,632
    $1,209,400
    $2,141,800
    $3,351,200
    -
    $1,209,400
    $2,141,800
    $3,351,200

    Comparable in this City

    • Value Estimation
      $3,625,000
      12,694 SF

      3592 Yadkinville Rd

      DRUG STORE, PHARMACY • 12,694 SF
      3592 Yadkinville Rd, Winston Salem, NC 27106-2500
      View Details
    • Value Estimation
      $2,350,000
      2,623 SF

      2452 Fairlawn Ct

      DRUG STORE, PHARMACY • 2,623 SF
      2452 Fairlawn Ct, Winston Salem, NC 27106-3884
      View Details
    • Value Estimation
      $355,000
      2,400 SF

      3719 Reynolda Rd

      DRUG STORE, PHARMACY • 2,400 SF
      3719 Reynolda Rd, Winston Salem, NC 27106-2231
      View Details
    • Value Estimation
      $1,955,000
      14,133 SF

      3333 Robinhood Rd

      DRUG STORE, PHARMACY • 14,133 SF
      3333 Robinhood Rd, Winston Salem, NC 27106-5403
      View Details
    • Value Estimation
      $290,000
      2,720 SF

      3734 Reynolda Rd

      DRUG STORE, PHARMACY • 2,720 SF
      3734 Reynolda Rd, Winston Salem, NC 27106-2240
      View Details
    • Value Estimation by Request
      14,742 SF

      1327 Meadowlark Dr

      DRUG STORE, PHARMACY • 14,742 SF
      1327 Meadowlark Dr, Winston Salem, NC 27106-9817
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Commercial Property on Robinhood Road

      Commercial property with high traffic, dual access, and ample parking.
      3449 Robinhood Rd, Winston Salem, NC 27106
      View Details
    • $1,120,000
      15,247 SF

      Bethania Mill: Historic Event Venue

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    • $1,500,000

      Robinhood Road Commercial Property Available

      Commercial property with high traffic, ample parking, and dual access.
      3449 Robinhood Rd, Winston Salem, NC 27106
      View Details
    • Contact for pricing
      0.42 Acres

      Winston-Salem Commercial Land Parcel

      Prime .42-acre commercial lot, high traffic area.
      2120 Olivet Church Rd, Winston-Salem, NC 27106
      View Details
    • Contact for pricing

      Commercial Parcel Near Mixed-Use Project

      Land parcel near a Publix-anchored mixed-use development.
      2120 Olivet Church Rd, Winston Salem, NC 27106
      View Details
    • $720,000

      Winston-Salem Multifamily Investment Opportunity

      Eight-unit multifamily portfolio in Winston-Salem's high-growth market.
      2810 Carriage Dr, Winston Salem, NC 27106
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    Similar Nearby for Lease

    • Contact for pricing
      7,240 SF

      Reynolda Road Retail Space

      Winston-Salem retail space available. High visibility location.
      4908 Reynolda Rd, Winston-Salem, NC 27106
      View Details
    • Contact for pricing

      Former Bank Branch with Drive-Thru

      2,381 SF former bank branch with drive-thru lanes.
      Winston Salem, NC 27106
      View Details
    • Contact for pricing
      83,778 SF

      Pine Ridge Plaza Retail Space

      Winston-Salem retail space, excellent visibility.
      2835 Reynolda Rd, Winston-Salem, NC 27106
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    • $8 SF/Yr
      78,595 SF

      Coliseum Park Plaza Office Suites

      Forsyth County office space, 5 suites available.
      710-720 Coliseum Dr, Winston-Salem, NC 27106
      View Details
    • Contact for pricing
      132,782 SF

      Robinhood Village Retail Space

      Prime Forsyth County retail opportunity.
      2004 Robinhood Vlg Dr, Winston-Salem, NC 27106
      View Details
    • $15 SF/Yr
      5,480 SF

      Winston-Salem Office Space Available

      Prime office space, 2,731 sq ft, excellent location.
      635 Coliseum Dr, Winston-Salem, NC 27106
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      1.1k
    • Avg Time on site
      32 min
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    3488 Robinhood Rd
    Winston Salem, NC 27106-4702
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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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