4404 Old Rural Hall RdWinston-Salem, NC 27105

Property Details for 4404 Old Rural Hall Rd

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.00 AC

Property size (Sq ft)

9,315 SF

Zone code

PB

Property type

Retail space

APN

6837-85-4810.00

APU

683785481000

Description

This exceptional 9,315-square-foot single-tenant retail space in Winston-Salem, NC, presents a remarkable opportunity. Located at 4404 Old Rural Hall Rd, this Class C building, constructed in 2008, sits on a one-acre lot and offers ample parking (33 spaces). The property features approximately 7,600 square feet of retail space, complemented by 680 square feet of storage, an office, break area, and employee restrooms. A new HVAC unit ensures climate control. The zoning is PB. The property boasts pylon signage and is conveniently located near Cornwallis St. Previous tenant improvements are available, including shelving, carts, security monitors, conveyors, and refrigerators. Property taxes are $1.14 per square foot. The building's APN is 6837-85-4810. This versatile space is ideal for a variety of retail uses, including convenience stores, car lots, or thrift stores. The property is currently vacant and ready for immediate occupancy. This is a prime location within the Piedmont Triad submarket of Winston-Salem, NC, offering excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,502,288

  6.5%

  $1,386,728

  7%

  $1,287,676

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,979,599

  Geo Method

  $3,975,053

• Alternative Use

  Use

  Valuation

  Residential

  $1,169,757

  Hospitality

  $1,071,491

  Educational

  $891,468

  Medical

  $922,127

  Retail

  $1,386,728

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

Latitude

36.1502

Longitude

-80.2247

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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