Property summary
This 0.73-acre lot is ideally situated in Wallburg, North Carolina, at the intersection of NC 109 (Thomasville Road) and Gumtree Road. The property boasts a highly desirable location in a thriving suburban community serving both South Winston-Salem and areas north of High Point. The site is fully improved, featuring grading and existing parking, along with an offsite stormwater pond, minimizing development costs and expediting the construction process. Its strategic placement ensures high visibility and accessibility, benefiting from significant traffic flow on NC 109. The property is zoned to allow alcohol sales for sit-down restaurants, presenting a unique opportunity for various commercial ventures. The area enjoys a strong commercial presence, with co-tenants including McDonald's, a gas/convenience store, and a small strip center. Further enhancing the location's appeal is the proximity to numerous established businesses such as Food Lion, CVS, Sheetz, Wendy's, LSB Bank, Advance Auto, Domino's, Little Richard's BBQ, and the Timco Manufacturing Plant. This prime location offers exceptional potential for a variety of commercial developments, making it an attractive investment opportunity. The asking price for this fully improved 0.73-acre lot is $295,000. The property is located in Davidson County, NC, zip code 27107, with a Forsyth County address.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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