Property profile

4331 New Walkertown Rd Winston Salem, NC 27105

OFF-MARKET
Commercial land
Property ID
US53-1377486
6,376 SF 1.15 ac lot Built 1973
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1973
Construction WOOD FRAME
Total area 6,376 SF
Lot 1.15 ac (50,094 SF)
Zoning code RM8
APN 6857-27-5349.00
UPID US53-1377486

Cap rate & NOI

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

Location

4331 New Walkertown Rd Winston Salem, NC 27105-9735
Winston Salem metro Census 3002 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$604k
Blend (final) Blend
$635k

Owner & transaction history

since 2024
Last sale
$6,075
4 recorded transactions
2024
$15,000
2023
Price N/A
2023
$5,514
2018
$6,075

Zoning & alternative use

RM8 · Winston Salem, NC
Zoning description

4 and Chapter 5 of the Unified Development Ordinances to increase the maximum number of units allowed per building in the RM-5 Residential Multifamily District and to increase the maximum building height allowed in the R…

General category RESIDENTIAL
Top alternative use upside
Medical building $1.1M +75.1%
Auto repair, garage $825,000 +36.5%
Retail stores $640,000 +6.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4331 New Walkertown Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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