Property profile

3842 Country Clb Rd Winston Salem, NC 27104

OFF-MARKET
Day care centers
Property ID
US53-1018786
2,055 SF 0.38 ac lot Built 1928
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 2,055 square foot property, located at 3842 Country Club Road in Winston-Salem, North Carolina, presents a unique investment opportunity. Currently vacant, this single-building property sits on a 0.38-acre lot and offers immense potential for various uses. Previously operating as a daycare center, its zoning (RM5) allows for flexible redevelopment options, catering to office, retail, or continued use as a daycare. Built in 1928 and renovated in 1991, the building boasts a solid foundation and is ready for its next chapter. The property's strategic location less than half a mile from Silas Creek Parkway and one mile from US-421 ensures high visibility and accessibility, benefiting from a substantial daily traffic volume of 14,500 vehicles on Country Club Road. The asking price is $450,000, making this a compelling investment in a thriving Winston-Salem neighborhood. The property's Forsyth County location, with APN 6815-14-2173, provides easy access to local amenities and a strong community presence. This is an ideal opportunity for an investor seeking a versatile property with significant upside potential in a desirable location. The property's history as a daycare center provides a solid foundation for continued use in that capacity or a seamless transition to other commercial ventures.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1928
Total area 2,055 SF
Lot 0.38 ac (16,553 SF)
Zoning code RM5
APN 6815-14-2173.00
UPID US53-1018786

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Daycare Center

Location

3842 Country Clb Rd Winston Salem, NC 27104-2913
Winston Salem metro Census 3903 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$320k

Owner & transaction history

Zoning & alternative use

RM5 · Winston Salem, NC
Zoning description

CC25 An ordinance amendment proposed by Planning and Development Services Staff modifying Chapter 4 and Chapter 5 of the Unified Development Ordinances to increase the maximum number of units allowed per building in the…

General category RESIDENTIAL

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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