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    Old Hollow Rd Walkertown, NC 27051

    For Sale
    $714,800

    5.47 Acres, High Traffic, Hwy/Business Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 5.47-acre retail property, located at 0 Old Hollow Road in Walkertown, NC, presents a unique investment opportunity. Encompassing tax parcels 6858-82-6559 and 6858-82-4299, the land is level and features existing sewer access. Utility easements are in place and clearly depicted on accompanying documentation. The property's Highway/Business zoning makes it ideally suited for a variety of commercial uses, particularly restaurants, given its convenient location within Walkertown town limits. A significant advantage is Old Hollow Road's planned widening, designed to accommodate projected traffic increases. The high traffic volume is underscored by a 2016 average daily traffic count of 14,500 vehicles. While the acreage is approximate, the property's size and strategic location offer substantial potential for development and strong returns. This is a rare chance to acquire a well-situated commercial parcel in a growing area with excellent visibility and access. The property is ready for immediate development, offering a streamlined path to establishing a thriving business. Detailed information regarding utility easements is available upon request. Don't miss this chance to secure a prime piece of Walkertown real estate.

    Property Features for Old Hollow Rd

    General Information

    Property type
    Retail properties
    Lot Size
    238,273 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Walkertown
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.20206
    Latitude
    36.1844

    Nearby Similar for Sale

    • $189,900
      1,008 SF

      Walkertown Investment Property For Sale

      Retail investment property with established coffee shop tenant.
      3085 Old Hollow Rd, Walkertown, NC 27051
      View Details

    FAQs

    What type of property is this?
    Retail property - 5.47 Acres, High Traffic, Hwy/Business Zoning
    Where is this retail property located?
    The property is located at Old Hollow Rd Walkertown, NC.
    What is the asking price?
    The asking price for this property is $714,800.
    (336) 723-0303
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    Old Hollow Rd Walkertown, NC 27051
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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
    Old Hollow Rd Walkertown, NC 27051
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