158 Reidsville Rd, Walkertown, NC 27051
This exceptional 7.26-acre commercial development site is strategically located at the intersection of Highway 158 and Highway 66 in Walkertown, North Carolina, within Forsyth County. Zoned for a Community Activity Center (CAC) as per the Forsyth County Area Plan, this property presents a unique opportunity for large-scale commercial development. The plan allows for a variety of uses including supermarkets, drugstores, hotels, restaurants, and movie theaters, catering to a substantial consumer base. The asking price is $3.80 per square foot. The site benefits from high traffic counts, with approximately 16,000 vehicles per day on Highway 158 (Reidsville Road) and 16,000 vehicles per day on Highway 66 at Martin Street. This prime location is supported by strong demographics, with a population of 55,600 and an average household income of $65,240 within a 5-mile radius. The property's address is Highway 158, Reidsville Road, Winston-Salem, NC 27051. This is an ideal location for developers seeking to capitalize on the area's growth and strong consumer demand. The property is classified as Commercial Land and is ready for development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.