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    OFF-MARKET
    Land

    100 Hanes Mill Rd, Winston-Salem, NC 27105

    1.18 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.18-acre commercial lot presents a prime development opportunity in Winston-Salem, North Carolina. Located on East Hanes Mill Road, near the intersection of University Parkway and a quarter-mile from Highway 52, this property boasts exceptional visibility and accessibility. The site benefits from its position in a high-traffic area, surrounded by established businesses. Nearby amenities include a Walmart-anchored shopping center featuring national chains such as Chick-fil-A, PetSmart, Marshalls, and Chili's. Within a half-mile radius, additional retail giants like Sam's Club, Lowe's, McDonald's, Starbucks, and IHOP are readily accessible. Previously occupied, all existing buildings have been removed by the seller in anticipation of a future roadway expansion project. The lot is now leveled and ready for immediate development. The HS zoning permits a diverse range of uses, including small shopping centers, medical offices, banking facilities, restaurants, auto services, and microbreweries, among other possibilities. This property's strategic location and versatile zoning make it an exceptional investment for businesses seeking high visibility and convenient access in a thriving commercial area. The Forsyth County APN is 6829-30-4477. The address is 100 E Hanes Mill Rd, Winston-Salem, NC 27105.

    Property profile
    Verified
    Property type Land
    Lot 1.18 ac (51,401 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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