Property profile

5802 Germanton Rd Winston-Salem, NC 27105

OFF-MARKET
Land
6.7 ac lot
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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

Location

5802 Germanton Rd Winston-Salem, NC 27105
Winston-Salem metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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