5802 Germanton Rd Winston-Salem, NC 27105
- Land
- 6.70 lot acres
Current Use by Public Records
- Land
Property Details for 5802 Germanton Rd
- Lot size
- 6.70 lot acres
- Property type
- Land
Description
This exceptional 6.7-acre land parcel presents a compelling investment opportunity in Winston-Salem, North Carolina. Strategically located at the intersection of Germanton Road and I-74, this property boasts high visibility and accessibility within a rapidly developing market. Zoned RS30, it offers convenient access to public water. The land is comprised of four contiguous parcels (APN: 6829-94-5156.00, 6829-94-8072.00, 6829-94-8181.00, 6829-94-9207.00), making it ideal for developers or investors seeking significant growth potential. This high-traffic location ensures excellent exposure and strong potential for future development. The property is being sold as an online auction, and buyers are responsible for conducting their own due diligence to verify the lot size and other pertinent details. Please note that the NCDOT, the current owner, reserves the right to withdraw from the sale before the deed is recorded. The sale will be finalized via Quit Claim Deed. A buyer's premium is added to the final purchase price and is non-refundable. The asking price is $80,720, with a price per acre of $11,940.83. This is a unique opportunity to acquire a substantial land holding in a thriving area. Interested parties should familiarize themselves with the auction process and associated terms and conditions.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winston-Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.2548
- Latitude
- 36.1999