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    4143 Patterson Ave Winston-Salem, NC 27105

    Sponsored
    For Sale
    $399,000

    9.6 Acres Retail Land, I-74 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.623-acre commercial land parcel presents a prime investment opportunity in Winston-Salem, North Carolina. Located at 4143 Patterson Avenue, this property boasts a highly desirable HB (General) zoning designation, allowing for a wide range of retail development possibilities. The site benefits from convenient access to I-74 (Highway 52), ensuring excellent visibility and accessibility for potential businesses. All utilities are available on-site, simplifying the development process. The property's strategic location is further enhanced by its adjacency to a Pull-A-Part business, providing significant potential for synergistic development and increased foot traffic. This substantial land area offers ample space for a variety of commercial ventures, making it an attractive proposition for investors seeking a high-growth location in Forsyth County. The asking price for this exceptional property is $399,000. The property is situated in the 27105 zip code.

    Property Features for 4143 Patterson Ave

    General Information

    Property type
    Land
    Lot Size
    419,178 SF

    HighLights

    • 9.623± Acres of commercial land in Winston‑Salem, NC.
    • HB (General) zoning allows for diverse retail development.
    • Utilities available on‑site.
    • Excellent I‑74 (Highway 52) access.
    • Asking price: $399,000.
    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
    -80.25689334
    Latitude
    36.16319852

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    FAQs

    What type of property is this?
    Land - 9.6 Acres Retail Land, I-74 Access
    Where is this land located?
    The property is located at 4143 Patterson Ave Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 9.623± Acres of commercial land in Winston-Salem, NC.; HB (General) zoning allows for diverse retail development.; Utilities available on-site.
    Request Owner's contact information
    4143 Patterson Ave Winston-Salem, NC 27105
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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
    4143 Patterson Ave Winston-Salem, NC 27105
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