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    New Walkertown Rd Winston-Salem, NC 27105

    • Land
    • 50.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 New Walkertown Rd

    Lot size
    50.04 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.186
    Latitude
    36.1442

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    New Walkertown Rd
    Winston-Salem, NC 27105
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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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