Property profile

0 Old Hollow Rd Walkertown, NC 27051

OFF-MARKET
Land
5.47 ac lot
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Property summary

AI-generated overview

This exceptional 5.47-acre commercial land parcel presents a unique investment opportunity in Walkertown, North Carolina. Located on Old Hollow Rd, Forsyth County, this property boasts a prime location with significant development potential. The land is level and features existing sewer access, simplifying infrastructure needs. Property PIN numbers are 6858-82-6559 and 6858-82-4299. Note that utility easements exist and are clearly indicated on accompanying documentation. Old Hollow Road is slated for widening to accommodate projected traffic increases, further enhancing the property's value and accessibility. The 2016 Average Daily Traffic count for this road was 14,500 vehicles, demonstrating high visibility and potential for substantial foot traffic. The permitted zoning is HB. This property is ideal for a variety of commercial ventures, offering significant upside for the discerning investor. The asking price is $714,800. Detailed information regarding utility easements is available upon request.

Property profile

Verified
Property type Land
Lot 5.47 ac (238,273 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Old Hollow Rd Walkertown, NC 27051
Walkertown 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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