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    Property profile & analytics

    486 Patterson Ave Winston Salem, NC 27101-4261

    • Office Properties & Spaces
    • 119,479 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 14, 2024
    Location Intelligence
    Property ID
    US53-3866774
    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

    • CLA (CliftonLarsonAllen) / Tax Preparation / Tax Preparation Service
    • Incendiary Brewing Company / Brewery
    • ROCS Grad Staffing / Employment Agency
    • HUSTLE Winston-Salem / Non-Profit Organization
    • Greater Gift Initiative / Non-Profit Organization

    Property Details for 486 Patterson Ave

    Year built
    1946
    Lot size
    2.10 lot acres
    Property size
    119,479 SF
    Zone code
    CI
    Property type
    Office Properties & Spaces
    APN
    6835-37-1564.00
    APU
    683537156400

    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
    -80.2416
    Latitude
    36.0997
    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
    $330,779
    $877,600
    $22,702,300
    $23,579,900
    -
    $877,600
    $22,702,300
    $23,579,900

    Comparable in this City

    • Value Estimation by Request
      56,836 SF

      601 601st N Cherry St

      OFFICE (GENERAL) • 56,836 SF
      601 601st N Cherry St, Winston Salem, NC 27101
      View Details
    • Value Estimation by Request
      30,588 SF

      415 3rd St

      OFFICE (GENERAL) • 30,588 SF
      415 3rd St, Winston Salem, NC 27101-4104
      View Details
    • Value Estimation by Request
      205,158 SF

      601 4th St

      OFFICE (GENERAL) • 205,158 SF
      601 4th St, Winston Salem, NC 27101-2745
      View Details
    • Value Estimation by Request
      51,062 SF

      411 4th St

      OFFICE (GENERAL) • 51,062 SF
      411 4th St, Winston Salem, NC 27101-2857
      View Details
    • Value Estimation by Request
      25,494 SF

      406 4th St

      OFFICE (GENERAL) • 25,494 SF
      406 4th St, Winston Salem, NC 27101-4112
      View Details
    • Value Estimation by Request

      520 Spring St

      Office space
      520 Spring St, Winston-Salem, NC 27101
      View Details

    Similar Nearby for Sale

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    • $665,000
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      712 Brookstown Ave: Redevelopment Opportunity

      Historic Winston-Salem building, prime location.
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    • $65,000
      0.89 Acres

      Winston-Salem Vacant Lot Opportunity

      0.89-acre vacant lot ready for building in Winston-Salem.
      4722 Acron Hl Dr, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      Pending

      Forsyth County Land Auction

      Land in Forsyth County available through online auction.
      S Jackson Ave, Winston Salem, NC 27101
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    • $1,800,000
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    Similar Nearby for Lease

    • $15 SF/Yr
      2,050 SF

      Winston-Salem Office Space for Lease

      2,050 sq ft Office, Downtown Winston-Salem
      119 Brookstown Ave, Winston-Salem, NC 27101
      View Details
    • $16 SF/Yr
      5,000 SF

      Winston-Salem Office Space For Lease

      5,000 SF Flex/Office Space Available
      1023 Chestnut St, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      546,065 SF

      Wells Fargo Center Office Space

      Prestigious Winston-Salem office tower, suites available.
      100 Main St, Winston-Salem, NC 27101
      View Details
    • Contact for pricing
      7,976 SF

      Historic Winston-Salem Office Space

      Executive/Creative Office, 5,115 SF Available
      426 Old Salem Rd, Winston-Salem, NC 27101
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    • Contact for pricing
      5,286 SF

      Historic Hylehurst Office Suites

      Charming Downtown Winston-Salem Office Space
      224 Cherry St, Winston-Salem, NC 27101
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    • $525 /Mo
      180 SF

      Keyman Office Space For Rent

      First floor office space with shared amenities and utilities included.
      632 Holly Ave, Winston Salem, NC 27101
      View Details
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    486 Patterson Ave
    Winston Salem, NC 27101-4261
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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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