601 W Fourth Street - office in Winston-Salem, NC
Office

601 W Fourth Street

601 w fourth street, winston-salem, NC 27101

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence
Low
$1.79/SF/mo
Mid
$2.24/SF/mo
High
$2.68/SF/mo
Tier Used
tax_cap_reverse

Estimated from market cap rate (7.8%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace
Tier 1insufficient_data
Tier 2successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$2.24/SF/motax_cap_reverse
Utilities10.8¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1193/wkBLS QCEW
Source Provenance (3)
SourceTypeCountYearFreshnessPeer
Market Reportscap_ratequarterly
API Ninjasproperty_taxannual
BLS QCEWwage_indexquarterly
Data sources used
market_reportsproperty_taxwage_index

Description

Prime Office Space conveniently located in the heart of Winston-Salem Two story completely renovated office building in the heart of Winston Salem.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

601 w fourth street, winston-salem, NC 27101

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q4 2023, the Greensboro / Winston-Salem office market showed rents up 12.5% year over year. Source: multiple brokerages Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other office listings for lease in Winston-Salem, NC to benchmark pricing and space — view the full market.

Unified Estimate

Medium Confidence
$1.90/SF/mo-$2.58/SF/mo
Mid: $2.24/SF/mo

Cost-of-business estimate only; rate estimator unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
Q4 '23

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+1.0%
Avg Weekly Wage:$1,428

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population10,730,404
Median Income$72k
College Educated32.0%
Median Age39.1 yrs
Median Home Value$289k
Unemployment4.7%↑ 1.1pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: office in winston-salem, NC

More Office for Lease in Winston-Salem, NC(5)

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Listed by

CBRE System Import