Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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