Property summary
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
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RM5 · Winston Salem, NCCC25 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM5 in Winston Salem, NC.
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Find the owner behind the property.
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