Property profile

5160 Reidsville Rd Walkertown, NC 27051

FOR LEASE
Strip malls
Property ID
US53-5337897
75,219 SF 14.47 ac lot Built 2003
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the thriving Walkertown Commons, situated at 5160 Reidsville Road, Walkertown, NC 27051, within Forsyth County. The property offers a single, vacant storefront totaling 1,006 square feet, perfect for a variety of retail or restaurant uses. The larger building encompasses 81,443 square feet and features ample parking with 418 spaces available for customers and employees. The property sits on a generous 10.5-acre lot, providing excellent visibility and accessibility from Reidsville Road. This is a multi-tenant building, offering the potential for synergy with established businesses. The property's location in Walkertown, North Carolina, provides access to a strong local market and convenient access to major transportation routes. The 1,006 square foot space is immediately available for lease, presenting a unique chance to establish or expand your business in a prime retail location. The property's size and parking capacity make it ideal for businesses requiring significant space and customer parking. This is a turnkey opportunity to secure a well-located retail space in a thriving community. Contact us today to learn more about this exceptional property.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction CONCRETE
Total area 75,219 SF
Lot 14.47 ac (630,313 SF)
Zoning code HB-S,LO-S
APN 6868-40-3261.00
UPID US53-5337897

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

5160 Reidsville Rd Walkertown, NC 27051
Walkertown metro Census 3003 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
$1.12M
Blend (final) Blend
$1.82M

Owner & transaction history

since 2007
3 recorded transactions
2018
Price N/A
2007
$13.6M
2007
Price N/A

Zoning & alternative use

HB-S,LO-S · Walkertown, NC

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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