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    Quandrant Winston-Salem, NC 27107

    Sponsored
    For Sale
    $205,000

    1.17 Acres, I-40 Access, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.17-acre land parcel presents a remarkable investment opportunity in Winston-Salem, North Carolina. Strategically located in the northeast quadrant near the New I-40 interchange, this property boasts excellent road frontage on Thomasville Road, a high-traffic artery with a daily volume of 19,000 vehicles. The site features favorable topography and readily accessible utilities, simplifying development plans. The property is zoned RS9, offering versatility for potential projects. Parcel numbers include 6844-20-8811, 6844-02-5831, and 6844-02-6853. Further enhancing its value, the North Carolina Department of Transportation has scheduled improvements to Thomasville Road, commencing in 2023 and slated for completion in 2025. This planned infrastructure upgrade promises to further increase traffic flow and property value. The asking price for this prime development site is $205,000. Its location near the I-40 bypass ensures exceptional visibility and convenient access for businesses and residents alike, making it an ideal location for a variety of commercial or residential developments. This is a rare opportunity to acquire a well-situated, readily developable tract in a rapidly growing area.

    Property Features for 0 Quandrant

    General Information

    Property type
    Land
    Lot Size
    50,965 SF

    HighLights

    • $205,000 asking price.
    • 1.17‑acre land parcel.
    • RS9 zoning.
    • Located in Winston‑Salem, NC, near the I‑40 interchange.
    • APN: 6844‑20‑8811, 6844‑02‑5831, 6844‑02‑6853.
    • Good road frontage on Thomasville Road with 19,000 VPD traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.1766732
    Latitude
    36.0674403

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    FAQs

    What type of property is this?
    Land - 1.17 Acres, I-40 Access, High Traffic
    Where is this land located?
    The property is located at Quandrant Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: $205,000 asking price.; 1.17-acre land parcel.; RS9 zoning.
    Request Owner's contact information
    Quandrant Winston-Salem, NC 27107
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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
    Quandrant Winston-Salem, NC 27107
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