3484 Robinhood Rd

3484 Robinhood Rd , Winston-Salem, North Carolina, 27106 | 100 sq.f | $ 231,000

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About This Restaurant

Investment Highlights

Excellent demographics & high traffic visibility. Highway Business. Various options for use. Security cameras inside & outside. Two light poles. Sidewalk & foot traffic. Near YMCA & Park

Executive Summary

Amazing investment opportunity!! Beside of WALGREEN'S & BOBO's RESTAURANT in front of YMCA on Robinhood Rd!! HIGHWAY BUISINESS / Commercial property with MANY possible uses. EXCELLENT DEMOGRAPHICS. Add PASSIVE INCOME with a CASH ATM, SILVER or BITCOIN machine! Owner had plans to enclose the portion under roof for a small office and add additional parking. SEE PHOTOS of sketch. COPY OF RECENT SURVEY AVAILABLE.3 OFFERS ARE ON THE TABLE. DON'T DELAY. HB / COMMERCIAL PROPERTIES THIS INEXPENSIVE ARE RARE.Possible uses may include DRIVE-THRU for COFFEE, ICE CREAM, PiZZA or other drive-thru service. Potential for small OFFICE. Use your imagination & convert this very inexpensive HIGH TRAFFIC property into a VERY VALUABLE investment. Notice sales data & tax values of surrounding properties!! A few upgrades to have a very valuable property & tons of equity!! Purchase for your portfolio & LEASE this property out for additional passive income. NO KNOWN PROBLEMS WITH THE PROPERTY. OWNER MOVED OUT OF TOWN AFTER A DIVORCE AND NO LONGER NEEDS THE PROPERTY.2 street lights on property, outdoor & indoor security cameras, large safe, heat/air conditioned storage room, steel door, shade trees for outdoor picnic area, room to add parking, 3 sides of building can have signs & a lighted two-sided outdoor sign at the street is already in place! Near the intersection of Robinhood Rd and Polo Rd beside of Walgreen's in Winston Salem. Contact Amy McBride 727-2626 or planning & zoning for verification of possible uses & details. Proforma, Cap Rate & NOI are estimates only based on various uses.** Winston-Salem?s premier demographic area. Excellent access to Silas Creek Parkway (Highway 67) & Winston-Salem?s most densely traveled thoroughfares.** Roof structure covers an area of 21' x 12' Potential for 252 sq ft or more. Check adjoining/nearby OUTPARCELS for AVAILABILITY if you require large parking space. Contact planning & zoning to see how you can EXPAND ON EITHER SIDE OF THE BUILDING if you need more square footage. You might also want to check on taking down current building and building to suit your needs with a new building closer to the back and more parking near the front or sides.3 OFFERS ARE ON THE TABLE. DON'T DELAY. HB / COMMERCIAL PROPERTIES THIS INEXPENSIVE ARE RARE.Call owner at 336-909-2638 for further information or to view the interior of the property and see survey markers.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Bank General Retail Fast Food General Retail Storefront Retail/Office Freestanding
  • Building Size    100
  • Building Class    C
  • Year Built    1999
  • Price    231,000
  • Price Per SF    2,310
  • Cap Rate    5
  • NOI    11,550
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.01
  • Land Acres    0.17 AC

Amenities

  • Security System
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Nearby Amenities & Transportation

Retail Truist
Retail YMCA
Retail Eggs Up Grill
Retail Harris Teeter
Retail First Citizens Bank
Retail First Bank
Retail Five Guys
Retail The Fresh Market
Retail Starbucks
Retail Lowes Foods

Property Taxes

Parcel Number 6816-04-7578 Improvements Assessment $154,300 (2023)
Land Assessment $215,300 (2023) Total Assessment $2,829 (28.29/SF)
Date Created: 2024-07-16 04:16:23 Last Updated: 2024-07-16 04:16:23
Address: 3484 Robinhood Rd , Winston-Salem, North Carolina, 27106