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    OFF-MARKET
    Land

    1185 Blackburn Rd, Winston-Salem, NC 27105

    39.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 39.6-acre parcel presents a significant residential development opportunity in Winston-Salem, North Carolina. Zoned RS20, this property offers versatile access from Blackburn Rd, Layla Ct, Natalie Temple Ln, and Cedarview Trail. Public water access is available, making it ideal for large-scale residential projects. The asking price is $282,677, translating to approximately $7,132.90 per acre. The land comprises eight contiguous parcels (APN: 6838-69-7179.00, 6838-79-2117.00, 6838-69-1269.00, 6838-78-9493.00, 6838-78-9384.00, 6838-58-6973.00, 6838-59-5087.00, 6838-59-5070.00), currently owned by the North Carolina Department of Transportation (NCDOT). NCDOT numbers are 234379, 260152, 261076, 235020, 260976, 261079, 261083, 261082 (use 234379 for bidding). Prospective buyers are responsible for conducting their own due diligence, verifying the lot size, and noting the presence of a basin, stream, and an abandoned RV on the property. Septic installation will be required. This is an online auction; a buyer premium is payable in addition to the purchase price and is non-refundable. The NCDOT reserves the right to withdraw from the sale before the deed is recorded. Title transfer will be via QuitClaim Deed.

    Property profile
    Verified
    Property type Land
    Lot 39.6 ac (1,724,976 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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