Property summary
This exceptional 1.17-acre land parcel presents a remarkable investment opportunity in Winston-Salem, North Carolina. Strategically located in the northeast quadrant near the New I-40 interchange, this property boasts excellent road frontage on Thomasville Road, a high-traffic artery with a daily volume of 19,000 vehicles. The site features favorable topography and readily accessible utilities, simplifying development plans. The property is zoned RS9, offering versatility for potential projects. Parcel numbers include 6844-20-8811, 6844-02-5831, and 6844-02-6853. Further enhancing its value, the North Carolina Department of Transportation has scheduled improvements to Thomasville Road, commencing in 2023 and slated for completion in 2025. This planned infrastructure upgrade promises to further increase traffic flow and property value. The asking price for this prime development site is $205,000. Its location near the I-40 bypass ensures exceptional visibility and convenient access for businesses and residents alike, making it an ideal location for a variety of commercial or residential developments. This is a rare opportunity to acquire a well-situated, readily developable tract in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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