914 Winkler Mill Rd Wilkesboro, NC 28697
- Investment properties
- 11.77 lot acres
Current Use by Public Records
- Investment properties
Property Details for 914 Winkler Mill Rd
- Lot size
- 11.77 lot acres
- Property type
- Investment properties
Description
This exceptional 11.77-acre parcel in Wilkesboro, NC, presents a compelling investment opportunity. Currently zoned R-6 by the town of Wilkesboro (County GIS may show outdated R-20 zoning), this property offers significant development potential. A conceptual drawing illustrates a possible 72-unit apartment complex, leveraging convenient access to gravity sewer lines across Winkler Mill Road. The zoning allows for a variety of uses, including single-family homes, duplexes, bed and breakfasts, professional offices, childcare facilities, churches, and congregate care. Conditional uses include multi-family dwellings (apartments, condos, townhouses), restaurants, modular construction, and nursing homes. Analysis indicates that the highest and best use is likely multi-family residential development. The property enjoys a desirable location, adjacent to established residential communities such as Walden Ridge, Mountain View Apartments, and Covington Way Apartments. While gas service is not directly on the property, Frontier Utilities confirms its availability at the intersection of Dancy Road and Winkler Mill Road, approximately 900 feet west of the subject land. This prime location and flexible zoning make this an attractive proposition for developers seeking a high-return investment in a growing area. The property is offered at $750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilkesboro
- County
- Wilkes
- State
- North Carolina
- Longitude
- -81.2011
- Latitude
- 36.1537