1194 Blackburn Rd, Winston-Salem, NC 27105
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.
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
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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.