Property profile

109 Thomasville Rd Winston-Salem, NC 27107

OFF-MARKET
Commercial real estate
65,340 SF 1.17 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional multifamily investment opportunity encompasses two tracts of land totaling approximately 1.17 to 1.5 acres situated on Highway 109, Thomasville Road in Winston-Salem, North Carolina (zip code 27107). The combined property boasts an impressive 65,340 square feet and benefits from significant road frontage of approximately 400 feet. The property is zoned RS9, offering considerable development potential. The site features favorable topography and readily available utilities. A key advantage is the high traffic volume, with a daily count of 19,000 vehicles. Furthermore, the North Carolina Department of Transportation (NCDOT) has scheduled road improvements to Thomasville Road, commencing in 2023 and slated for completion in 2025. This infrastructure upgrade is expected to further enhance the property's value and desirability. The property's APN numbers are 6844-03-8149, 6844-03-9039, and 6844-012-0906. This presents a compelling investment prospect with strong potential for future growth and returns.

Property profile

Verified
Property type Commercial real estate
Total area 65,340 SF
Lot 1.17 ac (50,965 SF)

Cap rate & NOI

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

Location

109 Thomasville Rd Winston-Salem, NC 27107
Winston-Salem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 109 Thomasville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message