0 New Walkertown Rd, Winston-Salem, NC 27105
This exceptional 50.04-acre parcel in Forsyth County, North Carolina, presents a prime residential development opportunity. Located on New Walkertown Road in Walkertown (zip code 27105), this property is zoned RS9, allowing for up to four units per acre, based on current zoning regulations. The land boasts access to public water. Its strategic location offers significant advantages, situated less than a mile from the recently opened section of the Winston-Salem Northern Beltway (I-74), a key transportation artery facilitating easy access and connectivity. This area is experiencing rapid residential development, fueled by the current housing shortage and robust economic growth in North Carolina. The high growth potential is further enhanced by the ongoing interest from developers in this burgeoning section of town. This offering represents a compelling investment prospect for those seeking to capitalize on the area's expanding residential market. Additional acreage along New Walkertown Road may also be available.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.