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    Property profile & analytics

    4123 Patterson Ave Winston Salem, NC 27105

    • Retail space
    • 5,100 SF
    • 19.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 07, 2022
    Location Intelligence
    Property ID
    US53-2853505
    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

    • Retail space

    Property Details for 4123 Patterson Ave

    Year built
    2010
    Lot size
    19.77 lot acres
    Property size
    5,100 SF
    Zone code
    GI-S
    Property type
    Retail space
    APN
    6828-90-8407.00
    APU
    682890840700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2538
    Latitude
    36.1627
    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
    $17,106
    $839,100
    $380,300
    $1,219,400
    -
    $839,100
    $380,300
    $1,219,400

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      2100 Liberty St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      2100 Liberty St, Winston Salem, NC 27105-5339
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    • Value Estimation by Request
      628 SF

      2002 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 628 SF
      2002 Cleveland Ave, Winston Salem, NC 27105-6200
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    • Value Estimation by Request
      4,816 SF

      2700 Liberty St

      RETAIL STORES (PERSONAL SERVICES) • 4,816 SF
      2700 Liberty St, Winston Salem, NC 27105-4438
      View Details
    • Value Estimation by Request
      2,048 SF

      3920 Glenn Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,048 SF
      3920 Glenn Ave, Winston Salem, NC 27105-3801
      View Details
    • Value Estimation by Request
      1,110 SF

      4804 Old Walkertown Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,110 SF
      4804 Old Walkertown Rd, Winston Salem, NC 27105-3032
      View Details
    • Value Estimation by Request
      4,117 SF

      844 Twenty-Fifth St

      Churches & religious facilities • 4,117 SF
      844 Twenty-Fifth St, Winston-Salem, NC 27105
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      University Parkway Retail Opportunity

      Newly renovated NNN leased retail property near Wake Forest University.
      5610 University Pkwy, Winston Salem, NC 27105
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    • $399,000
      9.62 Acres

      Winston-Salem Commercial Land - $399,000

      9.6 Acres Retail Land, I-74 Access
      4143 Patterson Ave, Winston-Salem, NC 27105
      View Details
    • $699,000
      1.34 Acres

      University Parkway Commercial Land

      1.34 Acres, Beltway Adjacent, High Visibility
      6356 University Pkwy, Winston-Salem, NC 27105
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    • $125,000
      Pending

      Expansive Land Near I-74

      13.7-acre property near I-74 with development potential.
      550 Holly Ridge Dr, Winston Salem, NC 27105
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    • New
      Contact for pricing
      Pending

      Land in Forsyth County Auction

      Land for sale via online auction in Forsyth County.
      4965 Davis Rd, Winston Salem, NC 27105
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    • New
      Contact for pricing
      1.09 Acres

      Wooded Lot on Dillingham Road

      1.09-acre wooded lot to build your ideal home.
      183 Dillingham Rd, Winston Salem, NC 27105
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    Similar Nearby for Lease

    • $12 SF/Yr
      9,315 SF

      Winston-Salem Retail Space

      9,315 SF Single-Tenant Retail
      4404 Old Rural Hall Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing

      Retail Space Near Sam's Club

      Retail space available in North Summit Square.
      256 Summit Square Blvd, Winston Salem, NC 27105
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      142,306 SF

      Oak Summit Retail Center

      Winston-Salem, NC Shopping Center
      344 Hanes Ml Rd, Winston-Salem, NC 27105
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    • Contact for pricing
      4,178 SF

      Freestanding Restaurant Building with Drive-Thru

      4,178 SF freestanding restaurant building with drive-thru for lease.
      4684 North Patterson Ave, Winston Salem, NC 27105
      View Details
    • Contact for pricing
      839,252 SF

      Hanes Mill Road Industrial Facility

      Large-scale industrial space for lease/sale in Winston-Salem.
      401 Hanes Ml Rd, Winston-Salem, NC 27105
      View Details
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    4123 Patterson Ave
    Winston Salem, NC 27105
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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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