Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    601 Main St Winton, NC 27986
    Property profile & analytics

    601 Main St, Winton, NC 27986

    View on Map
    • Grocery and convenience stores
    • 4,200 SF
    • 1.18 lot acres
    For Sale
    $165,000
    View Listing →
    Winton, NC Commercial Property For Sale
    $165,000
    1,672 SF

    Winton, NC Commercial Property

    Prime Winton location, 1672 sq ft building.

    601 Main St, Winton, NC 27986
    View Listing
    Property ID
    US53-4544302
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • State Employees Credit Union / Credit Union
    • Winton’s Deli Mart & Grill / Food Market / Restaurant
    • ATM / Atm
    • CashPoints® ATM / Atm
    • Winton Deli / Food Market / Restaurant

    Property Details for 601 Main St

    Year built
    1992
    Construction
    FRAME
    Lot size
    1.18 lot acres
    Zone code
    B-2
    Property type
    Grocery and convenience stores
    APN
    6906-65-1182
    APU
    6906651182

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 7, 2025 $155,000 Eley Simmons Phyllistine Diane Investments LLC Deed · related —
    Aug 7, 2024 $450,000 Niru 5185 LLC Ali & Nasr LLC Warranty Deed —
    Jan 3, 2023 $125,000 Diane Investments LLC G & Ds Warranty Deed —
    May 25, 2022 $325,000 Ali & Nasr LLC Ksm Enterprises LLC Warranty Deed $150k · Ksm Enterprises LLC

    Description

    This exceptional commercial property, located at 601 N MAIN Street in Winton, North Carolina, presents a unique investment opportunity. The building encompasses 1,672 square feet and sits on a conveniently sized 0.04-acre lot. Its "Other" property type designation offers considerable flexibility for a variety of commercial uses, allowing for creative adaptation to suit diverse business needs. The asking price is $165,000, representing a compelling value in the current market. The property's address, 601 N MAIN Street, places it in a high-visibility location within Winton, ensuring excellent exposure for any business operating from this site. The size of the building and lot provide a manageable footprint, ideal for smaller businesses or those seeking a cost-effective solution. Further investigation into zoning regulations and permitted uses is recommended to fully explore the potential of this versatile commercial space. This property is ready for immediate occupancy and presents a strong opportunity for a savvy investor or business owner seeking a foothold in the vibrant Winton commercial market. The property's location and size make it an attractive option for a range of commercial ventures. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winton
    County
    Hertford
    State
    North Carolina
    Longitude
    -76.9331
    Latitude
    36.3952

    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
    2023
    $3,806
    $0.00
    $0.00
    $255,449
    -
    $0.00
    $0.00
    $255,449

    Comparable in this City

    • Value Estimation by Request
      3,024 SF

      100 Main St

      CONVENIENCE STORE
      100 Main St, Winton, NC 27986
      View Details
    • Value Estimation by Request
      800 SF

      603 Main St

      RETAIL STORES (PERSONAL SERVICES)
      603 Main St, Winton, NC 27986-9687
      View Details
    • Value Estimation by Request
      810 SF

      100 Main St

      RETAIL STORES (PERSONAL SERVICES)
      100 Main St, Winton, NC 27986
      View Details
    • Value Estimation by Request
      540 SF

      506 Main St

      BARBER, HAIR SALON
      506 Main St, Winton, NC 27986-9630
      View Details
    • Value Estimation by Request
      2,880 SF

      508-510 Main St

      RETAIL STORES (PERSONAL SERVICES)
      508-510 Main St, Winton, NC 27986
      View Details
    • Value Estimation by Request
      880 SF

      220 Elks Rd

      RETAIL STORES (PERSONAL SERVICES)
      220 Elks Rd, Winton, NC 27986-9800
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,340 SF

      Versatile Commercial Property in Winton

      Two buildings on almost an acre, endless business possibilities.
      605 S Main St, Winton, NC 27986
      View Details
    • Contact for pricing
      0.43 Acres

      Residential Land in Winton, NC

      Vacant lot suitable for building a home.
      602 N King St, Winton, NC 27986
      View Details
    • $299,800
      67.69 Acres

      67+ Acres Timber Land

      67.69 acres of timber land in Hertford County.
      Nc Highway 461, Winton, NC 27986
      View Details
    • $165,000
      0.90 Acres

      Waterfront Residential Building Lot

      0.9 acre cleared lot ready for new home.
      122 Riv Blf Dr, Winton, NC 27986
      View Details
    • $165,000
      1,672 SF

      Winton, NC Commercial Property

      Prime Winton location, 1672 sq ft building.
      601 Main St, Winton, NC 27986
      View Details
    • $150,000
      1.10 Acres

      Waterfront Residential Lot on Chowan

      Residential building lot on the Chowan River.
      Riv Blf Dr, Winton, NC 27986
      View Details
    View Listing
    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.
    601 Main St
    Winton, NC 27986
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    601 Main St, Winton, NC, 27986
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!