8960 Carolina Hwy Clemmons, NC 27012
This exceptional 42,253 square foot lot, located at 8960 N North Carolina Hwy 150 in Clemmons, NC (zip code 27012), presents a compelling opportunity for commercial development. Situated in Forsyth County, this property boasts 100 feet of frontage on NC-150, a road with an average daily traffic count of 7,400 vehicles. While currently zoned Rural Agricultural, a relatively straightforward zoning change would allow for transitional office or institutional use, making it an excellent location for medium-intensity development. The site is nearly level, with only a four-foot slope across the entire area, and is conveniently located less than half a mile from the Arcadia business district at Enterprise Road and NC-150, and less than five miles from US-52. The property's size is 42,253 square feet, and the asking price is $69,900, resulting in a price per square foot of $1.65. City water is available, while a private septic system would likely be required. The property's APN is 6810-02-56-2404. This nearly pad-ready site requires only minimal grading, making it an attractive option for developers seeking a prime location with excellent visibility and access. The property is under personal ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.