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    914 Winkler Mill Rd Wilkesboro, NC 28697

    Sponsored
    For Sale
    $750,000

    11.77 Acres, High-Density Zoning, Apartment Potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 11.77-acre parcel in Wilkesboro, NC, presents a compelling investment opportunity. Currently zoned R-6 by the town of Wilkesboro (County GIS may show outdated R-20 zoning), this property offers significant development potential. A conceptual drawing illustrates a possible 72-unit apartment complex, leveraging convenient access to gravity sewer lines across Winkler Mill Road. The zoning allows for a variety of uses, including single-family homes, duplexes, bed and breakfasts, professional offices, childcare facilities, churches, and congregate care. Conditional uses include multi-family dwellings (apartments, condos, townhouses), restaurants, modular construction, and nursing homes. Analysis indicates that the highest and best use is likely multi-family residential development. The property enjoys a desirable location, adjacent to established residential communities such as Walden Ridge, Mountain View Apartments, and Covington Way Apartments. While gas service is not directly on the property, Frontier Utilities confirms its availability at the intersection of Dancy Road and Winkler Mill Road, approximately 900 feet west of the subject land. This prime location and flexible zoning make this an attractive proposition for developers seeking a high-return investment in a growing area. The property is offered at $750,000.

    Property Features for 914 Winkler Mill Rd

    General Information

    Property type
    Investment properties
    Lot Size
    512,701 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilkesboro
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.2011
    Latitude
    36.15371

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    FAQs

    What type of property is this?
    Investment property - 11.77 Acres, High-Density Zoning, Apartment Potential.
    Where is this investment property located?
    The property is located at 914 Winkler Mill Rd Wilkesboro, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    (336) 667-8002
    Request Owner's contact information
    914 Winkler Mill Rd Wilkesboro, NC 28697
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    Wilkesboro, NC 28697
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    914 Winkler Mill Rd Wilkesboro, NC 28697
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