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    OFF-MARKET
    Land

    0 Valley Rd, Winston-Salem, NC 27106

    48.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 48.48-acre land parcel in Winston-Salem, North Carolina, presents a remarkable opportunity for residential development. Located on Valley Road, near the intersection of Yadkinville Road and Reynolda Road, this property boasts convenient access to downtown Winston-Salem and a wealth of amenities. Currently zoned RS-9, the land is approved for at least 24 single-family units, offering significant potential for a substantial residential project. The area is characterized by its natural beauty and strong connectivity, with numerous retail options nearby, including Walgreens, Food Lion, Planet Fitness, Starbucks, Harris Teeter, Panera Bread, Verizon, Sheetz, and Lidl. Residents will enjoy proximity to Forsyth-Memorial Park, Polo Park, and C G Hill Memorial Park. The property benefits from its location within the thriving Piedmont Triad region, offering easy access to major city centers like Greensboro, High Point, Charlotte, and Raleigh/Durham. Winston-Salem's robust economy, fueled by institutions like Wake Forest University and Winston-Salem State University, and major employers such as Atrium Health Wake Forest Baptist Medical Center, Novant Health, Truist, and Wells Fargo, ensures a strong market for residential development. The property's location within a five-mile radius boasting average household incomes exceeding $92,000 further enhances its investment appeal. Water and sewer services are available. The Forsyth County APN is 6817-05-1197. This is a truly exceptional opportunity for investors and developers seeking a prime residential development site in a rapidly growing market.

    Property profile
    Verified
    Property type Land
    Lot 48.48 ac (2,111,789 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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