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    200 Fred Sink Rd Winston-Salem, NC 27107

    For Sale
    $705,675

    2.16-acre US-52 retail parcel, great visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.16-acre commercial land parcel presents a unique investment opportunity in Winston-Salem, North Carolina. Strategically located off US-52's Exit 100 at the intersection of Fred Sink Road and Hickory Tree Road, this property boasts 230 feet of frontage on Fred Sink Road and offers unparalleled visibility from the heavily trafficked US-52/I-285 corridor. The site is zoned for Community Shopping District use, providing flexibility for a wide range of retail developments. Utilities, including water and sewer, are readily available along Hickory Tree Road. The land features a pleasing topography and is suitable for various commercial ventures. The seller will consider ground lease and build-to-suit proposals. This property is situated within the Winston-Salem MSA, a thriving market with a strong demographic profile. Within a 3-mile radius, there are 5,311 households, exhibiting a median household income of $53,831. The asking price is $705,675, translating to a land value of $7.50 per square foot. The property's APN is 6830-02-79-1979. This is a rare chance to acquire a high-visibility commercial lot in a rapidly growing area. Don't miss this opportunity to capitalize on this prime location.

    Property Features for 200 Fred Sink Rd

    General Information

    Property type
    Land
    Lot Size
    94,090 SF

    HighLights

    • 2.16‑acre commercial land parcel adjacent to US‑52/I‑285 Exit 100.
    • High visibility from US‑52/I‑285.
    • 230 feet of frontage on Fred Sink Road.
    • 2.16 acres available.
    • Utilities available at Hickory Tree Road.
    • Community Shopping zoning.
    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
    -80.226096795129
    Latitude
    35.96869797436

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    FAQs

    What type of property is this?
    Land - 2.16-acre US-52 retail parcel, great visibility.
    Where is this land located?
    The property is located at 200 Fred Sink Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $705,675.
    What are key features of this property?
    This property features: 2.16-acre commercial land parcel adjacent to US-52/I-285 Exit 100.; High visibility from US-52/I-285.; 230 feet of frontage on Fred Sink Road.
    (336) 926-3530
    Request Owner's contact information
    200 Fred Sink Rd Winston-Salem, NC 27107
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    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
    200 Fred Sink Rd Winston-Salem, NC 27107
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