Property profile

Patterson Ave Winston Salem, NC 27105

OFF-MARKET
Commercial land
Property ID
US53-3734288
0.16 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.16 ac (6,970 SF)
Zoning code LB
APN 6836-34-1305.00
UPID US53-3734288

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Patterson Ave Winston Salem, NC 27105
Winston Salem metro Census 400 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2021
Last sale
$12,000
4 recorded transactions
2021
$12,000
2019
$13,500
2019
Price N/A
2018
$1.9M

Zoning & alternative use

LB · 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

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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