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    5125 Robinhood Rd Winston-Salem, NC 27106

    Sponsored
    For Sale
    $850,000

    3.9 Acres, High Visibility, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.9-acre commercial land parcel presents a remarkable investment opportunity in Winston-Salem, North Carolina. Strategically located at 5125 Robinhood Road, this property boasts 351 feet of frontage on a major thoroughfare, offering unparalleled visibility and accessibility. The site is ideally situated between a Harris Teeter grocery store and a new Publix shopping center, ensuring high traffic volume and strong consumer presence. The property consists of two parcels, providing flexibility for development. Its proximity to downtown Winston-Salem (approximately 7 miles) further enhances its appeal. Public water is readily available on Robinhood Road, and nearby sewer access simplifies infrastructure development. The land is subject to a utility easement. This prime location is surrounded by substantial residential development and senior housing, creating a robust and stable surrounding community. The asking price for this exceptional commercial land is $850,000. This presents a unique chance to acquire a highly desirable property in a thriving area with significant potential for future growth and development. The property's size, location, and surrounding amenities make it an ideal site for a variety of commercial ventures. Don't miss this opportunity to secure a piece of Winston-Salem's vibrant commercial landscape.

    Property Features for 5125 Robinhood Rd

    General Information

    Property type
    Land
    Lot Size
    169,884 SF

    HighLights

    • ±3.90‑acre site comprised of two parcels.
    • Prime location, seven miles from Winston‑Salem's downtown.
    • 351 feet of Robinhood Road frontage.
    • Situated between Harris Teeter and a new Publix shopping center.
    • Public water available on Robinhood Road; site includes a utility easement.
    • Sewer access nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3647235
    Latitude
    36.1208079

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    FAQs

    What type of property is this?
    Land - 3.9 Acres, High Visibility, Excellent Location
    Where is this land located?
    The property is located at 5125 Robinhood Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: ±3.90-acre site comprised of two parcels.; Prime location, seven miles from Winston-Salem's downtown.; 351 feet of Robinhood Road frontage.
    (704) 897-1400
    Request Owner's contact information
    5125 Robinhood Rd Winston-Salem, NC 27106
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    Winston-Salem, NC 27106
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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
    5125 Robinhood Rd Winston-Salem, NC 27106
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