0 Hwy 158/Reidsville Rd Walkertown, NC 27051
This exceptional 16-acre parcel is strategically located in Forsyth County, North Carolina, offering unparalleled access and development potential. Situated on Highway 158/Reidsville Road, the property enjoys convenient proximity to the I-40 Bypass Interchange at Reidsville Road, ensuring seamless connectivity for commuters and businesses. The land is adjacent to the bustling Walkertown Commons Shopping Center, benefiting from the high traffic volume and established commercial presence in the area. This fast-growing mixed-use area presents a unique opportunity for various development projects. Adding to its versatility, the property currently features three existing homes and automotive services, providing immediate income potential or redevelopment options. The property's location within a 5-mile radius of a strong demographic base further enhances its investment appeal. Detailed demographic information is available upon request. This is a rare opportunity to acquire a significant land holding in a thriving commercial corridor with excellent visibility and accessibility. The property's size and location make it ideal for a variety of uses, from retail and commercial development to residential projects. The existing structures offer flexibility for immediate income generation or future redevelopment. Don't miss this chance to secure a prime piece of real estate in a rapidly expanding area. The zip code is 27051, and the city is Winston-Salem, with Walkertown being the verified city.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.