895 Peters Crk Pkwy Winston Salem, NC 27103-3857
Property profile & analytics
895 Peters Crk Pkwy, Winston Salem, NC 27103-3857
- Office Spaces
- 6,000 SF
- 0.69 lot acres
Property ID
US53-0661909
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.
Location Intelligence
Current Use by Public Records
- Campbell Insurance Agency / Insurance Agency
- Glynis Dobson - The Buyers Network Realty Group, LLC / Real Estate Agency
- Buyer's Network Realty Group / Real Estate Agency
- Outfits by mimi / Clothing & Fashion Store
- Genesis Family Health Care, Inc. / Home Health Care Service
Property Details for 895 Peters Crk Pkwy
- Year built
- 1968
- Construction
- BRICK
- Lot size
- 0.69 lot acres
- Zone code
- HB
- Property type
- Office Spaces
- APN
- 6824-89-2863.00
- APU
- 682489286300
Description
This Winston-Salem office complex offers diverse spaces ideal for various businesses. Two buildings totaling 11,000 square feet provide 1610 suites, with available spaces ranging from 450 to 1,160 contiguous square feet. The property, built in 1968 and renovated in 2013, is classified as Class C and sits on a 0.69-acre lot, zoned for Highway Business use (APN: 6824-89-2863, Forsyth County). The property features 43 total parking spaces. Multiple tenancy options are available, catering to businesses needing flexible space solutions. Its convenient location offers easy access to downtown Winston-Salem, Truist Stadium (one mile away), and numerous restaurants. The property boasts excellent highway access via Highway 421, Interstate 40, and US 52, minimizing commute times. All utilities are included in the lease. The minimum divisible space is 450 square feet, making it suitable for smaller businesses, while larger spaces are available for expansion. The property's tax rate is $0.91 per square foot. This versatile space is perfect for traditional office, coworking, creative office, executive office, or even medical office uses. The property is suitable for both office and retail tenants.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $750,000
- ML approach
- $755,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $935,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $749,000
- AI Estimate
- $766,000
Market price range: $234k - $907kMarket price range: $202k - $1.01M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $595,000 Current use
- MEDICAL BUILDING
- $940,000 Change: +59% Conversion: Easy
- RETAIL STORES
- $830,000 Change: +39% Conversion: Easy
- AUTO REPAIR, GARAGE
- $775,000 Change: +31% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $520,000 Change: -12% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Winston Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.2579
- Latitude
- 36.0785
- 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
$10,744
$240,400
$393,500
$633,900
-
$240,400
$393,500
$633,900
