Technical
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Property profile

5120 Reidsville Rd Walkertown, NC 27051

OFF-MARKET
Land
0.68 ac lot
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Property summary

AI-generated overview

This exceptional .68-acre commercial land parcel presents a unique redevelopment opportunity in the thriving Walkertown, North Carolina market. Located at 5120 Reidsville Road, this property boasts 190 feet of frontage on a high-traffic thoroughfare with a daily traffic count of 13,000 vehicles. The site currently includes a 1,400 square foot structure, offering potential for renovation or demolition to accommodate a new build. The property's zoning allows for a variety of commercial uses, making it ideal for medical offices, retail spaces, or other business ventures. This prime location offers excellent visibility and accessibility, ensuring strong potential for attracting customers and clients. The asking price is $340,000, and additional acreage may be available for expansion. This is an exceptional chance to acquire a strategically located commercial property in a growing area of Forsyth County, North Carolina, with a zip code of 27051. The property's coordinates are 36.1614784 latitude and -80.1403942 longitude. Don't miss this chance to capitalize on this promising investment.

Property profile

Verified
Property type Land
Lot 0.68 ac (29,621 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Location

5120 Reidsville Rd Walkertown, NC 27051
Walkertown 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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