Property profile

0 Business Park Dr Winston-Salem, NC 27107

OFF-MARKET
Land
21.75 ac lot
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Property summary

AI-generated overview

This exceptional 21.75-acre commercial land parcel is situated in Winston-Salem, North Carolina, within the Union Cross Business Park, at 0 Business Park Drive, zip code 27107. Offered at $924,375 ($42,500/acre), this property presents a significant development opportunity. The land is ready for immediate development, boasting existing stormwater infrastructure already in place, significantly reducing upfront costs and expediting the construction process. A conceptual plan allows for the construction of up to 200,000 square feet of building space, potentially divided into two separate buildings. This flexible layout caters to a variety of commercial ventures, from large-scale industrial facilities to multi-tenant commercial complexes. The property's location within the established Union Cross Business Park provides excellent access to major transportation routes and a thriving business community. The potential for subdivision further enhances the investment potential, allowing for phased development or the sale of individual lots. This is a rare opportunity to acquire a large, well-located commercial land parcel in a rapidly growing area of Forsyth County. Don't miss this chance to secure a prime piece of real estate in Winston-Salem.

Property profile

Verified
Property type Land
Lot 21.75 ac (947,430 SF)

Cap rate & NOI

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

Location

Business Park Dr Winston-Salem, NC 27107
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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