Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5455 University Pkwy Winston-Salem, NC 27105

    Sponsored
    For Sale
    Contact for pricing

    Prime Winston-Salem development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.9-acre commercial land parcel presents a compelling investment opportunity in Winston-Salem, North Carolina. Located at 5455 University Parkway, this property boasts approximately 175 feet of road frontage, providing excellent visibility and accessibility. The site benefits from a high traffic count, exceeding 30,000 average daily vehicles, ensuring significant exposure for any future development. Its strategic location places it in close proximity to a variety of established businesses, including prominent retailers such as Target, Chipotle, Aspen Dental, Walgreens, and CVS. This prime location offers immediate access to a strong consumer base and established infrastructure. The property is currently zoned for its existing use, but is subject to rezoning, presenting flexibility for a range of development possibilities. This is an ideal site for developers seeking a high-traffic location with strong neighboring businesses in a thriving area of Winston-Salem. The Forsyth County address and 27105 zip code further highlight its convenient location within the city. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The property is situated at latitude 36.1701564 and longitude -80.2768634.

    Property Features for 5455 University Pkwy

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • Prime development opportunity on University Parkway, Winston‑Salem, NC.
    • ±0.90‑acre lot with ~175 feet of road frontage.
    • Over 30,000 average daily traffic (ADT).
    • Excellent location near Target, Chipotle, Aspen Dental, Walgreens, and CVS.
    • Rezoning potential.
    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 Hair Salon Auto Repair Shop 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
    -80.2768634
    Latitude
    36.1701564

    Nearby Similar for Sale

    • $1,500,000
      4,042 SF

      Robinhood Road Commercial Property For Sale

      Commercial property with high traffic, dual access, and ample parking.
      3449 Robinhood Rd, Winston-Salem, NC
      View Details
    • Contact for pricing

      Iconic Mid-Century Modern Landmark

      Renovated former gas station near Wake Forest University.
      1231 Polo Rd, Winston-Salem, NC
      View Details
    • $1,600,000
      22,000 SF

      Winston-Salem Warehouse with Office

      22,000 SF warehouse with office space for sale.
      3425 Thomasville Rd, Winston-Salem, NC
      View Details
    • $320,000
      2,050 SF

      Move-in Ready Office Condo

      Well-maintained office condo with flexible layout and convenient location.
      2990 Bethesda Pl, Winston-Salem, NC
      View Details
    • $1,250,000
      18,000 SF

      Historic Retail Building For Sale

      Two-story, 18,000 SF retail building in downtown Winston-Salem.
      408 N Liberty St, Winston-Salem, NC
      View Details
    • $1,500,000

      Corner Lot with Highway Business

      High-traffic corner lot suitable for various business ventures.
      4805 Shattalon Dr, Winston-Salem, NC
      View Details
    • $800,000
      6,716 SF

      Childcare Facility on Large Lot

      6,700 SF building on 0.96 acre lot for sale.
      5016 Old Walkertown Rd, Winston-Salem, NC
      View Details
    • $1,699,000
      15,600 SF

      Downtown Winston-Salem Office Building

      15,600 SF building in downtown Winston-Salem for sale/lease.
      201 N Broad St, Winston-Salem, NC
      View Details
    • $4,700,000
      35,000 SF

      Winston-Salem Campus with Redevelopment Potential

      35,000+ sqft campus near US 74/Hwy 52 and University Parkway.
      271-289 Mercantile Dr, Winston-Salem, NC
      View Details
    • $6,750,000
      300,000 SF

      Winston-Salem Industrial/Manufacturing Facility

      300,000 +/- SF industrial facility near I-40.
      3811 Kimwell Dr, Winston-Salem, NC
      View Details
    • $3,425,000
      9,712 SF

      Leased Medical Office Building

      100% leased medical office building with strong credit tenant.
      390 W Salem Ave, Winston-Salem, NC
      View Details
    • $850,000
      12,300 SF

      Winston-Salem Warehouse with Fenced Yard

      12,300 SF warehouse with fenced parking near downtown.
      2101 Sunnyside Ave, Winston-Salem, NC
      View Details

    FAQs

    What type of property is this?
    Land - Prime Winston-Salem development opportunity.
    Where is this land located?
    The property is located at 5455 University Pkwy Winston-Salem, NC.
    What are key features of this property?
    This property features: Prime development opportunity on University Parkway, Winston-Salem, NC.; ±0.90-acre lot with ~175 feet of road frontage.; Over 30,000 average daily traffic (ADT).
    (980) 498-3297
    Request Owner's contact information
    5455 University Pkwy Winston-Salem, NC 27105
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5455 University Pkwy
    Winston-Salem, NC 27105
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5455 University Pkwy Winston-Salem, NC 27105
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.