Property profile

0 Hanes Mall Blvd Winston-Salem, NC 27103

OFF-MARKET
Land
1.31 ac lot
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Property summary

AI-generated overview

This exceptional 1.31-acre commercial land parcel presents a unique investment opportunity in Winston-Salem, North Carolina. Located on Hanes Mall Boulevard, the property boasts excellent visibility and convenient access, benefiting from high daily traffic counts exceeding 20,225 vehicles. Its strategic position offers unparalleled exposure to the significant retail activity in the immediate vicinity, including major national retailers such as Conn's, Costco, Sam's Club, Lowe's, Home Depot, and Target, as well as numerous restaurants and hotels. The property is zoned GB-S, providing flexibility for a variety of commercial uses. The asking price is $879,900, translating to approximately $671,679.39 per acre. This prime location offers easy ingress and egress from Hanes Mall Boulevard, and enjoys exceptional visibility from both I-40 and US 421, ensuring maximum exposure for any commercial development. The property's size and location make it ideal for a wide range of commercial ventures, capitalizing on the high traffic volume and established retail presence in the area. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving retail corridor. The property is situated in Forsyth County, North Carolina, with a zip code of 27103.

Property profile

Verified
Property type Land
Lot 1.31 ac (57,064 SF)

Cap rate & NOI

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

Location

Hanes Mall Blvd Winston-Salem, NC 27103
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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