4997 Home Rd Winston Salem, NC 27106-2802
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.
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Piedmont Advantage Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB · Winston Salem, NCWinston Salem. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.