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    Property profile & analytics

    5765 Shallowford Rd Lewisville, NC 27023

    • Commercial real estate
    • 42.68 lot acres
    For Sale
    View listing
    $2,134,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1938187
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5765 Shallowford Rd

    Lot size
    42.68 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 42.68-acre property located at 5765 Shallowford Road in Lewisville, North Carolina, presents a remarkable development opportunity. Zoned RS9, this expansive land parcel offers versatility for a range of projects. Potential uses include residential development, creating a private estate or several mini-estates, or establishing a small farm. The asking price is $2,134,000, translating to $50,000 per acre. The property boasts convenient access via Shallowford Road and Lewisville-Vienna Road, ensuring excellent connectivity. Its strategic location provides easy access to Winston-Salem, Lewisville, and Clemmons, all within five miles. Furthermore, Highway 421 is less than three miles away, offering seamless regional access. The area is well-served by both public and private schools, and a wealth of retail and grocery options are readily available. This is a rare chance to acquire a substantial land holding in a thriving and desirable location, ripe for development and investment. The property is situated in Forsyth County, North Carolina, with a zip code of 27023. Its coordinates are 36.1030559 latitude and -80.3994267 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3994267
    Latitude
    36.1030559

    Comparable in this City

    • $60,000

      2.2-Acre Lot in Lewisville

      2.2-acre lot offers privacy and convenience to highways, shopping, and schools.
      00 Scott Rd, Lewisville, NC 27023
      View Details
    • $90,000
      0.70 Acres

      Residential Lot in Birchbridge

      Residential lot available in Birchbridge subdivision, Lewisville, NC.
      7459 Birchbend Ln, Lewisville, NC 27023
      View Details
    • $2,134,000

      Land Near Winston-Salem

      Land suitable for residential development or private estate.
      5765 Shallowford Rd, Lewisville, NC 27023
      View Details
    • $90,000
      0.75 Acres

      Residential Land in Birchbridge Subdivision

      0.75 acre lot for custom home in Lewisville, NC.
      7475 Birchbend Ln, Lewisville, NC 27023
      View Details
    • $5,200,000
      103.72 Acres

      Lewisville Acreage: Development Opportunity

      103.72+/- acres in Lewisville, Forsyth County, ideal for development.
      Scott Rd, Lewisville, NC 27023
      View Details
    • $85,000
      0.72 Acres

      Residential Land in Birchbridge Subdivision

      Residential land for custom home in Lewisville, North Carolina.
      7442 Birchbend Ln, Lewisville, NC 27023
      View Details

    Similar Nearby for Sale

    • $60,000

      2.2-Acre Lot in Lewisville

      2.2-acre lot offers privacy and convenience to highways, shopping, and schools.
      00 Scott Rd, Lewisville, NC 27023
      View Details
    • $90,000
      0.70 Acres

      Residential Lot in Birchbridge

      Residential lot available in Birchbridge subdivision, Lewisville, NC.
      7459 Birchbend Ln, Lewisville, NC 27023
      View Details
    • $2,134,000

      Land Near Winston-Salem

      Land suitable for residential development or private estate.
      5765 Shallowford Rd, Lewisville, NC 27023
      View Details
    • $90,000
      0.75 Acres

      Residential Land in Birchbridge Subdivision

      0.75 acre lot for custom home in Lewisville, NC.
      7475 Birchbend Ln, Lewisville, NC 27023
      View Details
    • $90,000
      0.74 Acres

      Residential Lot in Birchbridge Subdivision

      Residential lot for custom home in established Lewisville community.
      7474 Birchbend Dr, Lewisville, NC 27023
      View Details
    • $85,000
      1.08 Acres

      Residential Lot in Birchbridge Subdivision

      1.08 acre residential lot, no HOA, city water.
      7411 Birchbend Ln, Lewisville, NC 27023
      View Details
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    5765 Shallowford Rd
    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
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