Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    531 Akron Dr Winston Salem, NC 27105-3722

    • Hotels
    • 70,724 SF
    • 3.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5749500
    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

    • Ramada by Wyndham Winston-Salem / Motel / Hotel
    • Americas Best Value Inn Winston-Salem / Hotel
    • 531 akron / Hotel

    Property Details for 531 Akron Dr

    Year built
    1974
    Construction
    CONCRETE
    Lot size
    3.28 lot acres
    Property size
    70,724 SF
    Zone code
    HB
    Property type
    Hotels
    APN
    6837-42-4120.00
    APU
    683742412000

    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
    -80.2381
    Latitude
    36.1397
    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
    $43,795
    $437,300
    $3,017,900
    $3,455,200
    -
    $437,300
    $3,017,900
    $3,455,200

    Comparable in this City

    • Value Estimation by Request
      109,294 SF

      3050 University Pkwy

      HOTEL • 109,294 SF
      3050 University Pkwy, Winston Salem, NC 27105-4230
      View Details
    • Value Estimation by Request
      1,008 SF

      1023 3rd W 14th St

      HOTEL • 1,008 SF
      1023 3rd W 14th St, Winston Salem, NC 27105
      View Details
    • Value Estimation by Request
      97,256 SF

      5790 University Pkwy

      HOTEL • 97,256 SF
      5790 University Pkwy, Winston Salem, NC 27105-1377
      View Details
    • Value Estimation
      $2,180,000
      6.05 Acres

      4191 Patterson Ave

      HOTEL • 6.05 Acres
      4191 Patterson Ave, Winston Salem, NC 27105-2250
      View Details
    • Value Estimation by Request
      58,149 SF

      309 Smt Sq Ct

      HOTEL • 58,149 SF
      309 Smt Sq Ct, Winston Salem, NC 27105-1483
      View Details
    • Value Estimation
      $2,635,000
      15,164 SF

      5906 University Pkwy

      MOTEL • 15,164 SF
      5906 University Pkwy, Winston Salem, NC 27105-1342
      View Details

    Similar Nearby for Sale

    • $330,834
      79.00 Acres

      Winston-Salem Land: 79 Acres

      Prime residential development land near I-74.
      1194 Blackburn Rd, Winston-Salem, NC 27105
      View Details
    • $330,834
      79.39 Acres

      79 Acres Near I-74

      Large acreage suitable for residential development in a growing area.
      1194 Blackburn Rd, Winston Salem, NC 27105
      View Details
    • Contact for pricing
      Pending

      Forsyth County Land Auction Opportunity

      Land in Forsyth County available via online auction.
      4980 Davis Rd, Winston Salem, NC 27105
      View Details
    • Contact for pricing
      0.36 Acres

      Residential Lot in Winston-Salem

      Residential lot suitable for stick-built or manufactured home.
      Lodge St, Winston Salem, NC 27105
      View Details
    • New
      $282,677
      Pending

      Expansive Land in Growing Winston-Salem

      39.6-acre residential development opportunity with versatile access and public water.
      1185 Blackburn Rd, Winston Salem, NC 27105
      View Details
    • $699,000
      1.34 Acres

      University Parkway Commercial Land

      1.34 Acres, Beltway Adjacent, High Visibility
      6356 University Pkwy, Winston-Salem, NC 27105
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      9,315 SF

      Winston-Salem Retail Space

      9,315 SF Single-Tenant Retail
      4404 Old Rural Hall Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      142,306 SF

      Oak Summit Retail Center

      Winston-Salem, NC Shopping Center
      344 Hanes Ml Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing

      Retail Space Near Sam's Club

      Retail space available in North Summit Square.
      256 Summit Square Blvd, Winston Salem, NC 27105
      View Details
    • Contact for pricing
      839,252 SF

      Hanes Mill Road Industrial Facility

      Large-scale industrial space for lease/sale in Winston-Salem.
      401 Hanes Ml Rd, Winston-Salem, NC 27105
      View Details
    • Contact for pricing
      4,178 SF

      Freestanding Restaurant Building with Drive-Thru

      4,178 SF freestanding restaurant building with drive-thru for lease.
      4684 North Patterson Ave, Winston Salem, NC 27105
      View Details

    Property Visit Statistics

    • Visits by month
      12.3k
    • Visitors by month
      8.6k
    • Avg Time on site
      13 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    531 Akron Dr
    Winston Salem, NC 27105-3722
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.