Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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