Property profile

550 Holly Ridge Dr Winston-Salem, NC 27105

OFF-MARKET
Land
13.7 ac lot
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Land
Lot 13.7 ac (596,772 SF)

Cap rate & NOI

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

Location

550 Holly Ridge Dr Winston-Salem, NC 27105
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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