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    Peters Crk Pkwy Winston-Salem, NC 27127

    Sponsored
    For Sale
    $225,000

    18.93 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 18.93-acre commercial development site is strategically located on Peters Creek Parkway in Winston-Salem, North Carolina, zip code 27127. Priced at $225,000, this represents a rare opportunity to acquire one of the last large parcels available within the city limits. Situated in a high-traffic area, this property boasts excellent demographics and is ideally suited for a variety of commercial developments, particularly a shopping center. The Forsyth County area plan specifically recommends commercial use for this land, making it a compelling investment. The asking price reflects $225,000 for the 18.93 acres, with the possibility of acquiring additional acreage. This prime location offers unparalleled visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving market. The property's size and zoning make it a highly desirable asset for developers looking to capitalize on the area's strong growth potential. Detailed site plans and further information are available upon request. Don't miss this chance to secure a significant piece of Winston-Salem's commercial real estate landscape.

    Property Features for 0 Peters Crk Pkwy

    General Information

    Property type
    Land
    Lot Size
    824,591 SF

    HighLights

    • 18.93‑acre commercial development site in Winston‑Salem, NC (zip code 27127).
    • Priced at $225,000.
    • High‑traffic location with excellent demographics, ideal for a shopping center.
    • Forsyth County plan recommends commercial use.
    • Potential to acquire additional acreage.
    • Unparalleled visibility and accessibility.
    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 - 18.93 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Peters Crk Pkwy Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 18.93-acre commercial development site in Winston-Salem, NC (zip code 27127).; Priced at $225,000.; High-traffic location with excellent demographics, ideal for a shopping center.
    (336) 768-4410
    Request Owner's contact information
    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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