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    Peters Crk Pkwy Winston-Salem, NC 27127

    Sponsored
    For Sale
    Contact for pricing

    1.83-acre development site, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.83-acre commercial land parcel presents a remarkable opportunity for development in Winston-Salem, North Carolina. Located on Peters Creek Parkway in Forsyth County, zip code 27127, this level lot boasts a highly desirable Business zoning designation. Utilities are readily available, ensuring seamless construction and operation. The property's strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Its position along a heavily trafficked thoroughfare provides significant exposure to a substantial consumer base. The surrounding demographics are strong, with a population exceeding 95,000 within a five-mile radius and an average household income exceeding $62,500 within the same area. This translates to a robust market for businesses seeking to establish a presence in this thriving region, serving both southern Forsyth County and North Davidson County. The site's size and zoning make it suitable for a variety of commercial developments, offering significant potential for return on investment. Contact us today to discuss this exceptional opportunity.

    Property Features for 0 Peters Crk Pkwy

    General Information

    Property type
    Land
    Lot Size
    79,715 SF

    HighLights

    • 1.83‑acre level lot, Business zoning.
    • Utilities readily available.
    • High‑visibility site with heavy traffic, ideally positioned to serve southern Forsyth and northern Davidson Counties.
    • Strong demographics: within 1 mile, population 4,796, average household income $65,466; within 3 miles, population 38,192, average household income $64,383; within 5 miles, population 95,966, average household income $62,519.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2598971
    Latitude
    36.0411059

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    FAQs

    What type of property is this?
    Land - 1.83-acre development site, high visibility.
    Where is this land located?
    The property is located at Peters Crk Pkwy Winston-Salem, NC.
    What are key features of this property?
    This property features: 1.83-acre level lot, Business zoning.; Utilities readily available.; High-visibility site with heavy traffic, ideally positioned to serve southern Forsyth and northern Davidson Counties.
    (336) 768-4410
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    Peters Crk Pkwy Winston-Salem, NC 27127
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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
    Peters Crk Pkwy Winston-Salem, NC 27127
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