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    1540 Wharton Dr Winston-Salem, NC 27127

    Sponsored
    For Sale
    Contact for pricing

    Prime location, high-density commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in Winston-Salem, North Carolina. Strategically located on Wharton Drive, this property boasts unparalleled access to major retailers and high-traffic areas. The site is situated adjacent to established businesses including Walmart, Lowe's, Allegacy, Chick-fil-A, Lidl, and McDonald's, ensuring high visibility and strong consumer traffic. The property is part of the Peters Creek sub-market and is already zoned for high-density commercial development, simplifying the permitting process for future projects. All necessary utilities, including sewer and water, are readily available on-site. This offering includes three separately available parcels: Parcel 1 encompasses 2.51 acres and is priced at $251,000

    Property Features for 1540 Wharton Dr

    General Information

    Property type
    Land
    Lot Size
    109,336 SF

    HighLights

    • 2.51‑acre parcel available for $251,000.
    • 5.8‑acre parcel available for $1,160,000.
    • 8.49‑acre parcel available for $1,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.269281
    Latitude
    36.031005

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    FAQs

    What type of property is this?
    Land - Prime location, high-density commercial zoning.
    Where is this land located?
    The property is located at 1540 Wharton Dr Winston-Salem, NC.
    What are key features of this property?
    This property features: 2.51-acre parcel available for $251,000.; 5.8-acre parcel available for $1,160,000.; 8.49-acre parcel available for $1,500,000.
    (336) 768-4410
    Request Owner's contact information
    1540 Wharton Dr 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
    1540 Wharton Dr Winston-Salem, NC 27127
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