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    OFF-MARKET
    Land

    0 Reidsville Rd, Winston-Salem, NC 27101

    14.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14.17-acre parcel of land presents a prime development opportunity in Winston-Salem, North Carolina. Located on Reidsville Road and conveniently situated near the new Northern Loop, this property boasts excellent access and visibility. The land is zoned for residential use, offering significant potential for a variety of residential development projects. The site's strategic location provides easy access to major transportation routes, enhancing its appeal to potential residents. Detailed demographic data reveals a strong population base within a 5-mile radius, with average household incomes exceeding $43,000 within 1 mile, rising to $56,536 within 5 miles. This translates to a robust market for new residential construction. The property is situated in Forsyth County, North Carolina, with a 27101 zip code. This 14.17-acre tract offers developers a unique chance to capitalize on the growing demand for housing in this desirable area of Winston-Salem. The asking price for this exceptional development site is $566,800. Don't miss this opportunity to acquire a significant piece of land in a thriving community.

    Property profile
    Verified
    Property type Land
    Lot 14.17 ac (617,245 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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