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Property profile

524 Trade St Winston Salem, NC 27101

OFF-MARKET
Retail space
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Property ID
US53-5393877
3,255 SF 0.75 ac Built 2007
Last sale Oct 2017·$820,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 3,255 square foot Class A office space is situated within a prestigious five-story mixed-use building in Winston-Salem's vibrant Arts District. Located at 524 N Trade St NW, Winston-Salem, NC 27101, this single-tenant opportunity offers immediate occupancy in a building totaling 110,000 square feet. The building boasts a prime location, providing easy access to the city's cultural attractions and amenities. The property's classification as Class A signifies its high-quality…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$641k
Assessed land$18k
Assessed improvement$623k
Effective rate1.49%

Value estimate

· Nov 2026
$500k
$450k – $550k
AI approach$320k
CAP approach$550k
Submarket $/SF estimate$501k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$49 – $154
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB WO
JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office10.7
Locksmith9.2
Laundry Service8.9

Location

524 Trade St Winston Salem, NC 27101-2915
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Broad, Winston Salem, NC 27101-3719 $115,000 Dec 2025 2,258 SF
633 Trade, Winston Salem, NC 27101-2916 $987,500 Jun 2025 2,940 SF
473 End, Winston Salem, NC 27101-1120 $497,500 Jun 2024 4,466 SF
1300 5th, Winston Salem, NC 27101-4329 $648,000 May 2024 3,768 SF
642 Cherry, Winston Salem, NC 27101-2909 $155,000 Oct 2023 3,600 SF
265 4th, Winston Salem, NC 27101-2823 $125,000 Jul 2023 4,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $275,000
    3,223 SF
    2601 New Walkertown Rd
    FINANCIAL BUILDING
    2601 New Walkertown Rd, Winston Salem, NC 27101-1948
    View Details
  • Value Estimation
    $270,000
    3,416 SF
    540 Granville Dr
    RETAIL STORES (PERSONAL SERVICES)
    540 Granville Dr, Winston Salem, NC 27101-4942
    View Details
  • Value Estimation
    $245,000
    2,739 SF
    975 Liberty St
    RETAIL STORES (PERSONAL SERVICES)
    975 Liberty St, Winston Salem, NC 27101-3039
    View Details
  • Value Estimation
    $350,000
    2,509 SF
    1101 1st St
    RETAIL STORES (PERSONAL SERVICES)
    1101 1st St, Winston Salem, NC 27101-3611
    View Details
  • Value Estimation
    $210,000
    2,000 SF
    1028 Wnw Blvd
    RETAIL STORES (PERSONAL SERVICES)
    1028 Wnw Blvd, Winston Salem, NC 27101-1105
    View Details
  • Value Estimation
    $260,000
    1,838 SF
    105 Martin Luther King Jr Dr
    CONVENIENCE STORE
    105 Martin Luther King Jr Dr, Winston Salem, NC 27101-4400
    View Details

Similar Nearby for Sale

  • New
    $699,999
    4,320 SF
    Two-Story Brick Storefront
    Downtown Winston-Salem space can serve one occupant or accommodate distinct uses on each level.
    415 N Trade Street, Winston-salem, NC 27101
    View Details
  • New
    $795,000
    8,150 SF
    Mixed-Use Storefront with Upper Suites
    Two-level commercial property with display windows, street access, and renovated upper-floor suites.
    418-420 N. Liberty Street, Winston Salem, NC 27101
    View Details
  • New
    Contact for pricing
    9,000 SF
    Flex Property with Conditioned Warehouse
    The property combines conditioned warehouse space with parking and zoning that supports a range of business uses.
    904 S Marshall St, Winston-salem, NC 27101
    View Details
  • New
    Contact for pricing
    13,493 SF
    Retail Property in West End
    Retail property in Winston-Salem's West End District for sale.
    212 N Broad St, Winston Salem, NC 27101
    View Details
  • $1,950,000
    Historic Mixed-Use Building
    Street-level corner retail space is paired with unfinished upper-level areas for office or creative use.
    131 W. 4th Street, Winston Salem, NC 27101
    View Details

Similar Nearby for Lease

  • New
    $12 SF/Yr
    8,374 sqft
    Two-Floor Flex Retail Gym Space
    Renovated in 2014, this two-floor building offers a flexible interior with a drive-in door and onsite parking.
    610 N. Liberty Street, Winston Salem, NC 27101
    View Details
  • New
    Contact for pricing
    9,000 sqft
    Flex Space with Dock-High Loading
    A standalone property combines office or retail flexibility with a conditioned warehouse and on-site parking.
    904 S Marshall St, Winston-salem, NC 27101
    View Details
  • New
    Contact for pricing
    Mixed-Use Retail Space with Patio
    A covered outdoor area and tall ceilings add practical features to this storefront space.
    400 W Fourth Street, Winston-salem, NC 27101
    View Details
  • Contact for pricing
    Retail Space with Existing Shelving
    Ready for immediate occupancy in a high-visibility corridor, with an established retail layout and existing shelving.
    528-520 N Martin Luther King Jr Dr, Winston Salem, NC 27101
    View Details
  • New
    Contact for pricing
    Retail Space with Existing Shelving
    Available for immediate occupancy with a retail configuration already in place.
    520 Martin Luther King Jr Drive #528, Winston-salem, NC 27101
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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