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Property profile

1415 Old Salisbury Rd Winston-Salem, NC 27127

OFF-MARKET
Land
4 ac lot
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Property summary

AI-generated overview

This exceptional 4-acre commercial land parcel, located at 1415 & 0 Old Salisbury Road in Winston-Salem, North Carolina, presents a unique investment opportunity. Situated in Forsyth County, zip code 27127, this property boasts a convenient location, close to Peters Creek Parkway at the intersection of Old Salisbury and Brewer Roads. Its proximity to I-40 and Salem Parkway ensures excellent accessibility. The land is comprised of two lots, both currently zoned RS-9, offering flexibility for a variety of commercial or residential development projects. The asking price of $43,800 is notably below the assessed tax value, representing significant potential for return on investment. Detailed site plans and zoning information are readily available upon request. This property's strategic location and versatile zoning make it an ideal choice for developers seeking a prime location in a thriving area of Winston-Salem. The 36.0578497 latitude and -80.264757 longitude coordinates provide precise location data for further due diligence. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing market.

Property profile

Verified
Property type Land
Lot 4 ac (174,240 SF)

Cap rate & NOI

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

Location

1415 Old Salisbury Rd Winston-Salem, NC 27127
Winston-Salem metro
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Value estimations

Realmo proprietary · 4 methods
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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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