Property profile

1194 Blackburn Rd Winston-Salem, NC 27105

FOR SALE
Residential land & home lots
Property ID
US53-2037818
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Property summary

AI-generated overview

Explore the potential of this 79-acre assemblage, ideally located near I-74 in a fast-growing, dynamic market. Predominantly zoned RS20 with a smaller portion zoned RS9, this land is suitable for residential development and offers sewer access along with ample space—perfect for large-scale projects. With the area's rapid growth and proximity to major transportation routes, this land is a rare opportunity for developers and investors seeking to make an impact in a high-demand community. The land comprises eighteen parcels sold together, identified as GIS#s 6838-58-8202.00, 6838-87-9452.00, 6838-87-5326.00, 6838-67-5987.00, 6838-77-2779.00, 6838-87-4677.00, 6838-58-3478.00, 6838-87-6481.00, 6838-68-4234.00, 6838-77-8725.00, 6838-77-9901.00, 6838-87-1634.00, 6838-87-1881.00, 6838-87-2654.00, 6838-87-3665.00, 6838-48-1868.00, 6838-48-4893.00, 6838-87-4313.00. NCDOT# 261075, 260817, 260977, 260151, 260153, 260927, 260150, 260815, 234380, 260932, 260932, 260931, 260930, 260929, 260928, 235054, 235055, 235717 (use 261075 for bidding) Buyer is responsible for all due diligence regarding the property. Street access and lot size are not guaranteed and should be verified independently by the buyer. Stream and approximately 23.3 acres of floodplain present. Sanitary sewer easement present. Please note, this is an online Auction. Buyers should be prepared for the bidding process. There is a Buyer Premium Payment due in addition to the purchase price. The Buyer Premium payment is non-refundable. This property is owned by NCDOT and they reserve the right to unilaterally back out of the sale at any time up until the deed has been recorded. The title will be transferred via QuitClaim Deed.

Property profile

Verified
Property type Residential land & home lots
UPID US53-2037818

Cap rate & NOI

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

Location

1194 Blackburn Rd Winston-Salem, NC 27105
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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