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    OFF-MARKET
    Residential land & home lots

    1194 Blackburn Rd, Winston-Salem, NC 27105

    Property ID
    US53-2037818
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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