Technical
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Property profile

0 Strickland Ave Winston-Salem, NC 27127

OFF-MARKET
Land
0.56 ac lot
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Property summary

AI-generated overview

This exceptional 0.56-acre commercial land parcel, located at 0 Strickland Avenue in Winston-Salem, North Carolina (zip code 27127), presents a unique investment opportunity. The property, identified by APN 6833-38-4713, is priced at $55,000, translating to $2.25 per square foot. Its strategic location near the intersection of South Main Street and West Clemmonsville Road offers high visibility and accessibility. The property benefits from a mixed zoning designation of HB & RS-9, allowing for flexibility in development. This permits the construction of either commercial or residential structures, catering to a diverse range of potential uses. The surrounding area boasts a thriving business environment, including gas stations, restaurants, retail shops, automotive services, and laundromats. The high traffic volumes on Clemmonsville Road (approximately 18,500 AADT) and South Main Street (approximately 15,500 AADT) further enhance the property's appeal. Its proximity to the Main Street Business Center and convenient access to major highways, including I-285/US-52 and I-40, provide excellent connectivity. This flat parcel presents a compelling opportunity for developers and investors seeking a valuable asset in a prime location within Forsyth County. Don't miss this chance to acquire a piece of land with significant potential for growth and return on investment.

Property profile

Verified
Property type Land
Lot 0.56 ac (24,394 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Strickland Ave Winston-Salem, NC 27127
Winston-Salem metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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