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    OFF-MARKET
    Land

    158 Reidsville Rd, Walkertown, NC 27051

    7.26 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 7.26 ac (316,246 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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