Property summary
This exceptional retail property, located at 4997 Home Rd NW in Winston-Salem, North Carolina, presents a lucrative investment opportunity. The 6,500 square foot building sits on a 1.33-acre lot and is zoned Highway Business (HB), allowing for a variety of uses. Currently configured as a bank, this adaptable space offers high visibility and significant traffic due to its prime location on a signalized corner with access from both University Parkway and Home Road. The asking price is $1,500,000, translating to $230.77 per square foot. Its strategic location offers easy access to a thriving commercial corridor extending from downtown Winston-Salem to Rural Hall, ensuring consistent customer flow and strong potential for return on investment. The property's single building structure simplifies management and maintenance, making it an attractive option for both seasoned investors and new market entrants. This is a rare opportunity to acquire a high-traffic retail space in a desirable and rapidly developing area of Winston-Salem, Forsyth County, NC, zip code 27106. The property's size and zoning provide flexibility for a range of commercial ventures. Don't miss this chance to secure a prime location in a growing market.
Property profile
VerifiedCap rate & NOI
Current use
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Credit Union
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HB · Winston Salem, NCThe HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB in Winston Salem, NC.
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Find the owner behind the property.
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- Location Insight
- Alternative use
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