550 Holly Ridge Dr, Winston-Salem, NC 27105
This exceptional 13.7-acre parcel in Winston-Salem, North Carolina, presents a compelling investment opportunity. Located in Forsyth County, the property boasts convenient access to I-74, placing it within easy reach of major transportation routes. Its strategic location near a Walmart-anchored shopping center underscores its potential for significant growth and development. Zoned RS30, this land offers considerable flexibility for various projects. The property features dual street access via Holly Ridge Road and Berrywood Street, enhancing its accessibility and development potential. Public water access is available. The assessed lot size is 13.7 acres, priced at $9,124.09 per acre, totaling $125,000. The property's APN is 6829-83-5239.00, and the NCDOT number is 232536. Ownership is currently held by the North Carolina Department of Transportation (NCDOT). This is an online auction
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.