0 Peters Creek Pkwy Winston-Salem, NC 27127
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.