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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4810 Country Clb Rd Winston-Salem, NC 27104

    • Auto shops
    • 1,630 SF
    • 0.41 lot acres
    For Sale
    View listing
    Last Sale
    Aug 26, 2020
    $325,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-0527469
    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

    • Taqueria las Brasas Food Truck 2 / Mexican Restaurant
    • Smoke Zone 3W / Tobacco Shop
    • Country Club Giant / Grocery Store
    • CoinFlip Bitcoin ATM / Commercial Agent / Currency Exchange Service
    • Taqueria las Brasas Food Truck / Mexican Restaurant

    Property Details for 4810 Country Clb Rd

    Year built
    1971
    Construction
    BRICK
    Lot size
    0.41 lot acres
    Property size
    1,630 SF
    Zone code
    HB
    Property type
    Auto shops
    APN
    6805-41-0110.00
    APU
    680541011000

    Description

    This Winston-Salem, North Carolina storefront presents a compelling investment opportunity. The property, located at 4810 Country Club Rd, features a 1,630 square foot single-tenant retail building situated on a 0.41-acre lot. A 10-year lease is currently in place, with 8.5 years remaining, ensuring consistent rental income. The lease includes built-in rent increases, providing further financial stability. This stabilized investment boasts a 7.00% cap rate, minimizing landlord responsibilities. The property benefits from its strategic location, approximately half a mile from Interstate 40, ensuring high visibility and accessibility. Strong traffic counts further enhance its appeal, with Country Club Road boasting 19,000 vehicles per day and Jonestown Road recording 20,500 vehicles per day. This one-story building represents a low-maintenance, high-return investment in a desirable location. The property's strong tenant and lease terms, combined with its prime location and attractive cap rate, make it an ideal addition to any investment portfolio. The Forsyth County address and 27104 zip code provide additional location details.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3401
    Latitude
    36.0811
    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
    $4,562
    $228,400
    $96,800
    $325,200
    -
    $228,400
    $96,800
    $325,200

    Comparable in this City

    • Value Estimation by Request
      1,891 SF

      1501 1st St

      AUTO REPAIR, GARAGE • 1,891 SF
      1501 1st St, Winston Salem, NC 27104-4318
      View Details
    • Value Estimation by Request
      2,100 SF

      5191 Country Clb Rd

      AUTO REPAIR, GARAGE • 2,100 SF
      5191 Country Clb Rd, Winston Salem, NC 27104-2429
      View Details
    • Value Estimation
      $635,000
      16,000 SF

      4755 Commercial Plz St

      AUTO REPAIR, GARAGE • 16,000 SF
      4755 Commercial Plz St, Winston Salem, NC 27104-4610
      View Details
    • Value Estimation by Request
      1,782 SF

      5708 Country Clb Rd

      AUTO REPAIR, GARAGE • 1,782 SF
      5708 Country Clb Rd, Winston Salem, NC 27104
      View Details
    • Value Estimation by Request
      7,800 SF

      4883 Country Clb Rd

      AUTO REPAIR, GARAGE • 7,800 SF
      4883 Country Clb Rd, Winston Salem, NC 27104-4503
      View Details
    • Value Estimation by Request
      2,570 SF

      4859 Country Clb Rd

      AUTO REPAIR, GARAGE • 2,570 SF
      4859 Country Clb Rd, Winston Salem, NC 27104
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,630 SF

      Winston-Salem Retail Storefront Investment

      High-yield retail property, excellent location.
      4810 Country Clb Rd, Winston-Salem, NC 27104
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      Retail Building with Long-Term Lease

      Retail building with a long-term lease and built-in rent increases.
      4810 Country Club Rd, Winston Salem, NC 27104
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      Prime Winston-Salem Office Building

      Vacant, 2,040 SF Office Space, $425,000
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    Similar Nearby for Lease

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      Retail Space Near Medical Centers

      Retail space near hospitals and Whole Foods.
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    • $965 /Mo

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    Winston-Salem, NC 27104
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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