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    Clemmonsville Rd Near Griffith Rd Winston-Salem, NC 27127

    Sponsored
    For Sale
    $1,762,500

    35 Acres, Winston-Salem, NC - $1.76M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 35.25-acre industrial land parcel presents a compelling investment opportunity in Winston-Salem, North Carolina. Ideally situated near the intersection of Clemmonsville Road and Griffith Road, this property boasts convenient access to Stratford Road, ensuring seamless connectivity to major transportation arteries. The land is zoned GI, permitting heavy industrial uses, making it suitable for a wide range of development projects. Utilities are readily available, with water and sewer services already extended to the site, significantly reducing infrastructure development costs. The property's attractive asking price of $1,762,500 translates to a competitive $50,000 per acre, reflecting its prime location and development-ready status. The Forsyth County location, with a 27127 zip code, offers access to a skilled workforce and established industrial infrastructure. Detailed site information is available upon request, including the Assessor's Parcel Number (APN) 6803-91-3210. This is a rare opportunity to acquire a substantial, well-located industrial land parcel poised for immediate development or future appreciation. Don't miss this chance to secure a strategic asset in a thriving North Carolina market.

    Property Features for 0 Clemmonsville Rd Near Griffith Rd

    General Information

    Property type
    Land
    Lot Size
    1,535,490 SF

    HighLights

    • Excellent Stratford Road accessibility.
    • Heavy industrial (GI) zoning.
    • City water and sewer available.
    • Phase II land priced at $50,000 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3094881
    Latitude
    36.0465884

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    FAQs

    What type of property is this?
    Land - 35 Acres, Winston-Salem, NC - $1.76M
    Where is this land located?
    The property is located at Clemmonsville Rd Near Griffith Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $1,762,500.
    What are key features of this property?
    This property features: Excellent Stratford Road accessibility.; Heavy industrial (GI) zoning.; City water and sewer available.
    Request Owner's contact information
    Clemmonsville Rd Near Griffith 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
    Clemmonsville Rd Near Griffith Rd Winston-Salem, NC 27127
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