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    2611 Reynolda Rd Winston-Salem, NC 27106

    Sponsored
    For Sale
    $595,900

    1.7 Acres, Prime Winston-Salem Location

    Property size:
    74,487 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.709-acre commercial land parcel, located at 2611 Reynolda Road in Winston-Salem, North Carolina, presents a unique investment opportunity. The property boasts a gentle topography and is conveniently situated just minutes from Wake Forest University and the vibrant Reynolda Village. Its strategic location offers easy access to Silas Creek Parkway, placing it in close proximity to established businesses such as Brighton Gardens and Sunnynoll Court Office Park. The property is zoned RS-9, although the Area Plan designates it for office development, suggesting significant potential for future growth. With a total square footage of 74,487, this expansive lot (APN 6817-81-0744) provides ample space for a variety of commercial ventures. Utilities are readily available, with water, sewer, and gas lines adjacent to the property. The asking price for this remarkable opportunity is $595,900. This prime location and zoning make this an ideal site for developers seeking to capitalize on the area's thriving commercial sector and proximity to Wake Forest University. The property's size and accessibility make it suitable for a range of commercial developments, offering a compelling investment prospect in a desirable and rapidly developing area of Winston-Salem. Don't miss this chance to acquire a significant piece of Forsyth County real estate.

    Property Features for 2611 Reynolda Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    74,487 SF
    Lot Size
    74,444 SF

    HighLights

    • 1.709‑acre site.
    • Gently sloping terrain.
    • RS‑9 zoning.
    • Planned for office development.
    • Excellent location near Brighton Gardens and Sunny Knoll Court Office Parks.
    • Utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -80.293762
    Latitude
    36.13805

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    FAQs

    What type of property is this?
    Multifamily property - 1.7 Acres, Prime Winston-Salem Location
    Where is this multifamily property located?
    The property is located at 2611 Reynolda Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $595,900.
    What are key features of this property?
    This property features: 1.709-acre site.; Gently sloping terrain.; RS-9 zoning.
    Request Owner's contact information
    2611 Reynolda Rd Winston-Salem, NC 27106
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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
    2611 Reynolda Rd Winston-Salem, NC 27106
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