Property profile

100 Hanes Mill Rd Winston-Salem, NC 27105

OFF-MARKET
Land
1.18 ac lot
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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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

100 Hanes Mill Rd 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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