Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.