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    8960 Carolina Hwy Clemmons, NC 27012

    For Sale
    $69,900

    0.97-acre lot, ideal for commercial use

    Property size:
    42,253 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 42,253 square foot lot, located at 8960 N North Carolina Hwy 150 in Clemmons, NC (zip code 27012), presents a compelling opportunity for commercial development. Situated in Forsyth County, this property boasts 100 feet of frontage on NC-150, a road with an average daily traffic count of 7,400 vehicles. While currently zoned Rural Agricultural, a relatively straightforward zoning change would allow for transitional office or institutional use, making it an excellent location for medium-intensity development. The site is nearly level, with only a four-foot slope across the entire area, and is conveniently located less than half a mile from the Arcadia business district at Enterprise Road and NC-150, and less than five miles from US-52. The property's size is 42,253 square feet, and the asking price is $69,900, resulting in a price per square foot of $1.65. City water is available, while a private septic system would likely be required. The property's APN is 6810-02-56-2404. This nearly pad-ready site requires only minimal grading, making it an attractive option for developers seeking a prime location with excellent visibility and access. The property is under personal ownership.

    Property Features for 8960 Carolina Hwy

    General Information

    Property type
    Land
    Square Feet
    42,253 SF

    HighLights

    • 100 feet of frontage on NC‑150.
    • Zoning easily modified for transitional office or institutional use.
    • 7,400 average daily traffic count on NC‑150.
    • Less than five miles to US‑52.
    • Site is virtually pad‑ready; only grading required.
    • Less than 0.5 miles to the Arcadia Business District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clemmons
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.300178
    Latitude
    35.958866

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    FAQs

    What type of property is this?
    Land - 0.97-acre lot, ideal for commercial use
    Where is this land located?
    The property is located at 8960 Carolina Hwy Clemmons, 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: 100 feet of frontage on NC-150.; Zoning easily modified for transitional office or institutional use.; 7,400 average daily traffic count on NC-150.
    (336) 926-3530
    Request Owner's contact information
    8960 Carolina Hwy Clemmons, NC 27012
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    Clemmons, NC 27012
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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
    8960 Carolina Hwy Clemmons, NC 27012
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