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    Un Cross Rd Winston-Salem, NC 27284

    For Sale
    $400,000

    1.25 Acres, I-40 Interchange, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in a rapidly developing area of Forsyth County, North Carolina. Located on Union Cross Road at the I-40 interchange, this property boasts exceptional visibility and accessibility. The site is zoned RS-20, offering flexibility for a variety of commercial uses. High traffic counts are a key feature, with I-74 registering 30,000 vehicles per day and Union Cross Road seeing 14,500 vehicles per day. This translates to significant exposure for any business established here. The surrounding area is experiencing substantial growth, with plans for significant residential development over the next five years, further enhancing the property's long-term value and potential. The asking price for this prime commercial land is $400,000. The property's address is Union Cross Rd, Kernersville, NC 27284. This presents a compelling opportunity to capitalize on the burgeoning growth in this strategic location. Don't miss this chance to secure a piece of this thriving commercial corridor.

    Property Features for 0 Un Cross Rd

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • 1.25‑acre commercial land parcel in Forsyth County, NC.
    • Exceptional visibility and accessibility at I‑40 and Union Cross Road interchange.
    • RS‑20 zoning allows for diverse commercial uses.
    • High traffic counts: I‑74 (30,000 VPD), Union Cross Road (14,500 VPD).
    • $400,000 asking price.
    • Located at Union Cross Rd, Kernersville, NC 27284.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.110518825675
    Latitude
    36.073386601586

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    FAQs

    What type of property is this?
    Land - 1.25 Acres, I-40 Interchange, High Traffic
    Where is this land located?
    The property is located at Un Cross Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 1.25-acre commercial land parcel in Forsyth County, NC.; Exceptional visibility and accessibility at I-40 and Union Cross Road interchange.; RS-20 zoning allows for diverse commercial uses.
    (336) 768-4410
    Request Owner's contact information
    Un Cross Rd Winston-Salem, NC 27284
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    Winston-Salem, NC 27284
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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
    Un Cross Rd Winston-Salem, NC 27284
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