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    OFF-MARKET
    Land

    5802 Germanton Rd, Winston-Salem, NC 27105

    6.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 6.7 ac (291,852 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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