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    Conrad Rd Lewisville, NC 27023

    Sponsored
    For Sale
    $3,500,000

    74 Acres Riverfront Estate

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This unparalleled 74-acre tract in Forsyth County, NC, presents a unique investment opportunity. Located on historic Conrad Road, this property boasts extensive road and river frontage, offering breathtaking views and exceptional privacy. Owned by the same family for over two centuries, this land features a diverse landscape including a high meadow, mature forest, bottomland, and a flowing stream. Two existing barns provide potential for various uses. The property is zoned AR and YR, allowing for a range of development possibilities. The seller may consider subdividing the land, making it suitable for both large-scale projects and smaller, more intimate developments. This is a truly one-of-a-kind opportunity to acquire a significant piece of Forsyth County's history and natural beauty. The asking price is $3,500,000. The property's address is Conrad Rd, Lewisville, NC 27023.

    Property Features for 0 Conrad Rd

    General Information

    Property type
    Farms
    Lot Size
    3,223,440 SF

    HighLights

    • 74‑acre undeveloped riverfront tract in Forsyth County, NC.
    • Located on historic Conrad Road, Lewisville, NC 27023.
    • Features two barns, high meadow, mature forest, bottomland, and stream.
    • Extensive road and river frontage; exceptional privacy.
    • Zoned AR and YR; seller may consider subdividing. $3,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewisville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.446263692686
    Latitude
    36.118944262329

    Nearby Comparable

    • $2,000,000

      Undeveloped Riverfront Tract For Sale

      49 acre riverfront tract in Forsyth County for sale.
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    • $2,134,000
      42.68 Acres

      Lewisville Land: 42 Acres Development

      Prime 42-acre tract, ideal for diverse uses.
      5765 Shallowford Rd, Lewisville, NC 27023
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    • $442,799
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      Spacious Land Parcel in Lewisville

      14.76-acre parcel suitable for building, farming, or investment.
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    FAQs

    What type of property is this?
    Farm - 74 Acres Riverfront Estate
    Where is this farm located?
    The property is located at Conrad Rd Lewisville, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 74-acre undeveloped riverfront tract in Forsyth County, NC.; Located on historic Conrad Road, Lewisville, NC 27023.; Features two barns, high meadow, mature forest, bottomland, and stream.
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    Conrad 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
    Conrad Rd Lewisville, NC 27023
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