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Property profile & analytics
OFF-MARKET Estimated value $770,000
Office Spaces

895 Peters Crk Pkwy Winston Salem, NC 27103-3857

6,000 SF 0.69 ac lot Built 1968
Individually Owned ~ Est. High Equity
Property ID
US53-0661909
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1968
Construction BRICK
Total area 6,000 SF
Lot 0.69 ac (30,056 SF)
Zoning code HB
APN 6824-89-2863.00
UPID US53-0661909
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
$935k
Comparable Approach Comparable
$750k
Blend (final) Blend
$770k
Owner & transaction history
William F And Virginia K Boles Liv
William F And Virginia K Boles Liv
since 2025
Last sale
$800,000
7 recorded transactions
2025
$800,000
2021
Price N/A
2020
$775,000
2012
$260,000
2011
$352,000
2001
$300,000
1969
Price N/A
Zoning & alternative use
HB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $940,000 +58.6%
Retail stores $830,000 +39.5%
Auto repair, garage $775,000 +30.7%
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