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    3380 Hickory Tree Rd Winston-Salem, NC 27127

    Sponsored
    For Sale
    $350,000

    1-Acre Outparcel, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre development site, located at 3380 Hickory Tree Road in Winston-Salem, North Carolina (zip code 27127), presents a unique investment opportunity. Situated in a high-traffic area with a daily count of 24,000 vehicles, this property boasts a Highway Business zoning designation and is conveniently located near major retailers such as Sheetz and McDonald's, sharing a driveway for easy access. The site is already developed, featuring existing stormwater management and utilities infrastructure, significantly reducing development costs and timelines. An approved site plan for a 6,900 square foot building is in place, streamlining the permitting process. Recent NCDOT improvements further enhance the property's visibility and accessibility. This outparcel offers significant potential for a variety of commercial uses, capitalizing on its prime location and existing infrastructure. The asking price for this ready-to-develop parcel is $350,000. Forsyth County's robust economy and growing population make this an attractive investment for developers seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a fully prepared site in a highly visible and convenient location.

    Property Features for 3380 Hickory Tree Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1 Acre Developed Pad Site
    • Highway Business zoning; existing stormwater & utilities; recent NCDOT improvements
    • 24,000 VPD daily traffic count
    • Shared driveway with Sheetz and McDonald's
    • Approved site plan for a 6,900 SF building
    Property Profile Location Intelligence

    Current Use by Public Records

    Sheetz CarWash Self Service Car Wash

    Suggested Use

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

    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
    -80.266717
    Latitude
    35.994666

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    FAQs

    What type of property is this?
    Land - 1-Acre Outparcel, Highway Business Zoning
    Where is this land located?
    The property is located at 3380 Hickory Tree Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1 Acre Developed Pad Site; Highway Business zoning; existing stormwater & utilities; recent NCDOT improvements; 24,000 VPD daily traffic count
    (336) 768-4410
    Request Owner's contact information
    3380 Hickory Tree Rd 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
    3380 Hickory Tree Rd Winston-Salem, NC 27127
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