235 CherryWinston Salem, NC 27101

  • Hotels
  • 74,452 SF
Off market
$10,098,700 Estimated

Property Details for 235 Cherry

Year built
2017
Lot size
0.66 AC
Property size (Sq ft)
74,452 SF
Zone code
CB WO
Property type
Hotels
APN
6835-16-7549.00
APU
683516754900

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,277,780
    6.5%
    $8,564,105
    7%
    $7,952,383
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,208,470
    Geo Method
    $29,628,098
  • Alternative Use

    Use
    Valuation
    Residential
    $9,349,514
    Hospitality
    $8,564,105
    Educational
    $7,125,234
    Medical
    $7,370,282
    Retail
    $11,083,698
235 Cherry, Winston Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.0972
Longitude
-80.2465
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
2023
$120,795
$678,900
$9,419,800
$10,098,700
-
$678,900
$9,419,800
$10,098,700

Property Visit Statistics

  • Visits by month
    5.7k
  • Visitors by month
    3.0k
  • Avg Time on site
    391 min

FAQs

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