Property profile

200 Fred Sink Rd Winston-Salem, NC 27107

OFF-MARKET
Land
2.16 ac lot
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Property summary

AI-generated overview

This exceptional 2.16-acre commercial land parcel presents a unique investment opportunity in Winston-Salem, North Carolina. Strategically located off US-52's Exit 100 at the intersection of Fred Sink Road and Hickory Tree Road, this property boasts 230 feet of frontage on Fred Sink Road and offers unparalleled visibility from the heavily trafficked US-52/I-285 corridor. The site is zoned for Community Shopping District use, providing flexibility for a wide range of retail developments. Utilities, including water and sewer, are readily available along Hickory Tree Road. The land features a pleasing topography and is suitable for various commercial ventures. The seller will consider ground lease and build-to-suit proposals. This property is situated within the Winston-Salem MSA, a thriving market with a strong demographic profile. Within a 3-mile radius, there are 5,311 households, exhibiting a median household income of $53,831. The asking price is $705,675, translating to a land value of $7.50 per square foot. The property's APN is 6830-02-79-1979. This is a rare chance to acquire a high-visibility commercial lot in a rapidly growing area. Don't miss this opportunity to capitalize on this prime location.

Property profile

Verified
Property type Land
Lot 2.16 ac (94,090 SF)

Cap rate & NOI

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

Location

200 Fred Sink Rd 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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