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    Property profile

    2414 Stratford Rd Winston Salem, NC 27103

    OFF-MARKET
    Commercial land
    Property ID
    US53-0295369
    990 SF 1.3 ac lot Built 1948
    Entity Owned 24-yr Hold Absentee Owner ~ Est. High Equity
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    Property summary

    AI-generated overview

    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Winston-Salem, North Carolina. Strategically positioned between Hanes Mall Boulevard, Forsyth County's primary retail corridor, and Hillcrest Village, this property enjoys high visibility and accessibility. The site boasts 225 feet of frontage on Stratford Road and extends approximately 250 feet deep, offering ample space for development. The topography features a roughly graded pad, gently sloping towards the rear. The property is zoned Liberal Highway Business (HB) with no conditions, providing flexibility for a variety of commercial uses. Its location on the "Going Home" side of Stratford Road leading to Clemmons further enhances its appeal. Nearby established businesses include Sheetz, Food Lion, Lowe's Home Improvement, Cities Grill, Village Tavern, CVS Pharmacy, La Quinta Hotel, Best Buy, and Home Depot, indicating a thriving commercial environment. This property is ideal for developers seeking a well-located site with significant potential for growth and return on investment in a high-traffic area of Winston-Salem. The address is 2414 S Stratford Rd, Winston-Salem, NC 27103, situated in Forsyth County.

    Property profile

    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1948
    Total area 990 SF
    Lot 1.3 ac (56,628 SF)
    Zoning code HB
    APN 6804-91-5281.00
    UPID US53-0295369

    Cap rate & NOI

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

    Location

    2414 Stratford Rd Winston Salem, NC 27103-6226
    Winston Salem metro Census 3805 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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    Value estimations

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    Blend (final) Blend
    $155k

    Owner & transaction history

    since 2002
    2 recorded transactions
    2002
    Price N/A
    2001
    $500,000

    Zoning & alternative use

    HB · Winston Salem, NC
    Zoning description

    The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential

    General category COMMERCIAL

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $270,000
      0.22 Acres
      Hawthorne Rd
      VACANT COMMERCIAL LAND
      Hawthorne Rd, Winston Salem, NC 27103
      View Details
    • Value Estimation
      $290,000
      1.24 Acres
      1475 Professional Park Dr
      VACANT COMMERCIAL LAND
      1475 Professional Park Dr, Winston Salem, NC 27103-1319
      View Details
    • Value Estimation
      $280,000
      1.57 Acres
      1312 Professional Park Dr
      VACANT COMMERCIAL LAND
      1312 Professional Park Dr, Winston Salem, NC 27103-1320
      View Details
    • Value Estimation
      $290,000
      0.41 Acres
      1937 Bch St
      VACANT COMMERCIAL LAND
      1937 Bch St, Winston Salem, NC 27103-3700
      View Details
    • Value Estimation by Request
      5.03 Acres
      Silver Leaf Dr
      VACANT COMMERCIAL LAND
      Silver Leaf Dr, Winston Salem, NC 27103
      View Details
    • Value Estimation
      $280,000
      2.29 Acres
      Forrestgate Dr
      VACANT COMMERCIAL LAND
      Forrestgate Dr, Winston Salem, NC 27103
      View Details

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    • New
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    Similar Nearby for Lease

    • New
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      Retail Space in Pavilions Center
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    • New
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      Retail Space Near Hanes Mall
      Retail space in Winston-Salem's primary retail corridor.
      1606 S Stratford Rd, Winston-salem, NC 27103
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    • New
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      6,430 sqft
      Renovated Office and Lab Flex Buildings
      Two recently renovated buildings offer updated HVAC, plumbing, electrical, and roofing for office or lab-production use.
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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