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    6105 University Pkwy Winston Salem, NC 27105-9689
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    Property profile & analytics

    6105 University Pkwy Winston Salem, NC 27105-9689


    • Retail space
    • 5,600 SF
    • 0.77 lot acres
    Off-Market
    Last Sale Aug 24, 2023
    $560,000
    Property ID
    US53-2179241
    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
    $595,000
    Show details
    Cap Rate Potential
    9.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Blue Fox Outlet LLC / Big Box & Wholesale Store

    Property Details for 6105 University Pkwy

    Year built
    1963
    Construction
    STEEL FRAME
    Lot size
    0.77 lot acres
    Property size
    5,600 SF
    Zone code
    LB-L
    Property type
    Retail space
    APN
    6829-21-9378.00
    APU
    682921937800

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $675,000
      ML approach
      $730,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $566,000
      Market price range: $251k - $891k
      AI Estimate
      $478,000
      Market price range: $213k - $699k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $560,000
      Current use
      MEDICAL BUILDING
      $930,000
      Change: +65% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $725,000
      Change: +29% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $530,000
      Change: -6% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $520,000
      Change: -7% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2778
    Latitude
    36.1925
    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
    $4,900
    $218,000
    $131,300
    $349,300
    -
    $218,000
    $131,300
    $349,300
    More about this property
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