Property profile

0 Reidsville Rd Winston-Salem, NC 27101

OFF-MARKET
Land
14.17 ac lot
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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

Location

Reidsville Rd Winston-Salem, NC 27101
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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