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6105 University Pkwy Winston Salem, NC 27105-9689

OFF-MARKET Retail space Google Maps
5,600 SF 0.77 ac lot Built 1963
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$675k
Range $608k – $743k (±10%)
Property ID US53-2179241

Property summary

AI-generated overview

This exceptional 5,500-square-foot freestanding retail building presents a unique opportunity in Winston-Salem, North Carolina. Situated on a 0.77-acre lot at 6105 University Parkway, this single-tenant property boasts excellent visibility and accessibility. Built in 1963, the one-story structure features a convenient drive-in door, abundant natural light from ample windows, and substantial surface parking. The property also includes a significant outdoor storage or laydown area, ideal for various retail operations. Its zoning is designated LB-L. The Forsyth County location offers unparalleled convenience, with proximity to major transportation arteries. Less than half a mile from Highway 52 and under a mile from Interstate 74, this location ensures easy access for customers and employees. Furthermore, its close proximity to Wake Forest University (just 8 minutes away) provides a strong potential customer base. The property's APN is 6829-21-9378. This is a rare chance to acquire a well-positioned retail space in a thriving area with high visibility and convenient access to major roadways and a significant population center. The entire 5,500 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This property offers a compelling combination of location, size, and amenities, making it an ideal investment for discerning businesses seeking a prominent presence in Winston-Salem.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction STEEL FRAME
Total area 5,600 SF
Lot 0.77 ac (33,541 SF)
Zoning code LB-L
APN 6829-21-9378.00
UPID US53-2179241

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
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
$566k
Blend (final) Blend
$675k

Owner & transaction history

since 2023
Last sale
$560,000
6 recorded transactions
2025
Price N/A
2023
$560,000
2022
Price N/A
2021
Price N/A
2013
Price N/A
2010
Price N/A

Zoning & alternative use

LB-L · Winston Salem, NC
Zoning description

The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas

General category COMMERCIAL
Top alternative use upside
Medical building $930,000 +65.3%
Auto repair, garage $725,000 +28.8%

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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