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    OFF-MARKET
    Land

    200 Fred Sink Rd, Winston-Salem, NC 27107

    2.16 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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