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    5765 Shallowford Rd Lewisville, NC 27023

    Sponsored
    For Sale
    $2,134,000

    Prime 42-acre tract, ideal for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 42.68-acre property located at 5765 Shallowford Road in Lewisville, North Carolina, presents a remarkable development opportunity. Zoned RS9, this expansive land parcel offers versatility for a range of projects. Potential uses include residential development, creating a private estate or several mini-estates, or establishing a small farm. The asking price is $2,134,000, translating to $50,000 per acre. The property boasts convenient access via Shallowford Road and Lewisville-Vienna Road, ensuring excellent connectivity. Its strategic location provides easy access to Winston-Salem, Lewisville, and Clemmons, all within five miles. Furthermore, Highway 421 is less than three miles away, offering seamless regional access. The area is well-served by both public and private schools, and a wealth of retail and grocery options are readily available. This is a rare chance to acquire a substantial land holding in a thriving and desirable location, ripe for development and investment. The property is situated in Forsyth County, North Carolina, with a zip code of 27023. Its coordinates are 36.1030559 latitude and -80.3994267 longitude.

    Property Features for 5765 Shallowford Rd

    General Information

    Property type
    Land
    Lot Size
    1,859,141 SF
    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 Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3994267
    Latitude
    36.1030559

    Nearby Comparable

    • $500,000
      1.13 Acres

      Winston-Salem Retail Outparcels

      Grocery-anchored land, prime location.
      5128 Brookberry Park Ave, Winston-Salem, NC 27104
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    • Contact for pricing
      0.42 Acres

      Winston-Salem Commercial Land Parcel

      Prime .42-acre commercial lot, high traffic area.
      2120 Olivet Church Rd, Winston-Salem, NC 27106
      View Details
    • Contact for pricing

      Commercial Parcel Near Mixed-Use Project

      Land parcel near a Publix-anchored mixed-use development.
      2120 Olivet Church Rd, Winston Salem, NC 27106
      View Details

    FAQs

    What type of property is this?
    Land - Prime 42-acre tract, ideal for diverse uses.
    Where is this land located?
    The property is located at 5765 Shallowford Rd Lewisville, NC.
    What is the asking price?
    The asking price for this property is $2,134,000.
    (336) 768-4410
    Request Owner's contact information
    5765 Shallowford Rd Lewisville, NC 27023
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    Lewisville, NC 27023
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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
    5765 Shallowford Rd Lewisville, NC 27023
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