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    2891 Millwheel Rd Pfafftown, NC 27040

    For Sale
    $69,900

    2.36-acre lot in established neighborhood near future Northern Beltway.

    Lot size:
    2.36 Acres

    Property Features for 2891 Millwheel Rd

    General Information

    Standard status
    Active
    Lot size
    2.36 Acres

    Source: COLDWELL BANKER ADVANTAGE Agent CHASITY CARROLL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pfafftown Land Opportunity

    This 2.36-acre lot is located in an established neighborhood in Pfafftown. The gently rolling property offers space and is located near shopping and dining. The property is strategically located near the planned Winston-Salem Northern Beltway, the future interstate loop (today designated as NC?74/NC?452, later I-74/I-274), which will serve Pfafftown and surrounding areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Accounting Firm Department Store Bakery Veterinary Clinic Plumbing Service Bed & Breakfast Pet Store Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Pfafftown
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3817542
    Latitude
    36.1512204

    FAQs

    What type of property is this?
    Land - 2.36-acre lot in established neighborhood near future Northern Beltway.
    Where is this land located?
    The property is located at 2891 Millwheel Rd Pfafftown, NC.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: - Expansive 2.36-acre lot offers privacy and space.; - Located in the heart of sought-after Pfafftown.; - Proximity to the planned Winston-Salem Northern Beltway (I-74/I-274).
    (336) 725-0506
    Request Owner's contact information
    2891 Millwheel Rd Pfafftown, NC 27040
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    Pfafftown, NC 27040
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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
    2891 Millwheel Rd Pfafftown, NC 27040
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