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    Hanes Mall Blvd Winston-Salem, NC 27103

    • Land
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hanes Mall Blvd

    Lot size
    1.31 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3186
    Latitude
    36.0673

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    Hanes Mall Blvd
    Winston-Salem, NC 27103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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