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    Peters Crk Pkwy Winston-Salem, NC 27127

    • Land
    • 18.93 lot acres
    For Sale
    View listing
    $225,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Peters Crk Pkwy

    Lot size
    18.93 lot acres
    Property type
    Land

    Description

    This exceptional 18.93-acre commercial development site is strategically located on Peters Creek Parkway in Winston-Salem, North Carolina, zip code 27127. Priced at $225,000, this represents a rare opportunity to acquire one of the last large parcels available within the city limits. Situated in a high-traffic area, this property boasts excellent demographics and is ideally suited for a variety of commercial developments, particularly a shopping center. The Forsyth County area plan specifically recommends commercial use for this land, making it a compelling investment. The asking price reflects $225,000 for the 18.93 acres, with the possibility of acquiring additional acreage. This prime location offers unparalleled visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving market. The property's size and zoning make it a highly desirable asset for developers looking to capitalize on the area's strong growth potential. Detailed site plans and further information are available upon request. Don't miss this chance to secure a significant piece of Winston-Salem's commercial real estate landscape.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2599
    Latitude
    36.0411

    Comparable in this City

    • Value Estimation by Request
      1.83 Acres

      Peters Creek Pkwy

      Land • 1.83 Acres
      0 Peters Creek Pkwy, Winston-Salem, NC 27127
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    • Value Estimation by Request
      2.51 Acres

      Crk Dr

      Land • 2.51 Acres
      0 Crk Dr, Winston-Salem, NC 27127
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    • Value Estimation by Request
      22.00 Acres

      4736 Main St

      Land • 22.00 Acres
      4736 Main St, Winston-Salem, NC 27127
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    • Value Estimation by Request
      3.16 Acres

      2580 Clemmonsville Rd

      Land • 3.16 Acres
      2580 Clemmonsville Rd, Winston-Salem, NC 27127
      View Details
    • Value Estimation by Request
      0.56 Acres

      Strickland Ave

      Land • 0.56 Acres
      0 Strickland Ave, Winston-Salem, NC 27127
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    • Value Estimation by Request
      2.51 Acres

      Crk Dr

      Land • 2.51 Acres
      0 Crk Dr, Winston-Salem, NC 27127
      View Details

    Similar Nearby for Sale

    • $225,000
      18.93 Acres

      Winston-Salem Commercial Land Development

      18.93 Acres, High-Traffic Location
      0 Peters Crk Pkwy, Winston-Salem, NC 27127
      View Details
    • $3,775,500
      17.00 Acres

      Peters Creek Parkway At West Clemmonsville Road

      Land • 17.00 Acres
      0 Clemmonsville Rd, Winston-Salem, NC 27127
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    • Contact for pricing
      2.51 Acres

      Winston-Salem Commercial Land Investment

      Prime location, high-density commercial zoning.
      1540 Wharton Dr, Winston-Salem, NC 27127
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    • Contact for pricing
      1.83 Acres

      Prime Winston-Salem Commercial Land

      1.83-acre development site, high visibility.
      0 Peters Crk Pkwy, Winston-Salem, NC 27127
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    • $310,000
      22.00 Acres

      Prime Winston-Salem Commercial Land

      22 Acres, US-52 Access, Development Ready
      4736 Main St, Winston-Salem, NC 27127
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    • $350,000
      1.00 Acre

      Prime Winston-Salem Development Site

      1-Acre Outparcel, Highway Business Zoning
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      View Details
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    Winston-Salem, NC 27127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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