Technical
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Property profile

0 Peters Creek Pkwy Winston-Salem, NC 27127

OFF-MARKET
Land
18.93 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 18.93 ac (824,591 SF)

Cap rate & NOI

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

Location

Peters Creek Pkwy Winston-Salem, NC 27127
Winston-Salem 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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