Property profile

3000 Old Holw Rd Walkertown, NC 27051

OFF-MARKET
Retail space
Property ID
US53-2107897
107,609 SF 12.17 ac lot Built 1987
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents 2,400 square feet of vacant space within the Center Stage Plaza shopping center, located at 3000 Old Hollow Rd, Walkertown, NC 27051. Situated in Forsyth County, this property offers a prime location for businesses seeking high visibility and accessibility. The entire 2,400 square foot building is currently available for lease, presenting a unique chance to establish a significant presence in a thriving community. The property is classified as a multi-tenant retail space, ideal for a variety of businesses. The address is easily accessible and benefits from high traffic volume. This is a blank canvas for a prospective tenant to design and build their ideal retail space, offering complete customization options. The property's location in Walkertown, North Carolina provides access to a strong local customer base and offers excellent potential for growth and profitability. With its convenient location and ample space, this property represents a compelling investment opportunity for discerning businesses seeking a prominent retail presence in a desirable market. The property's total square footage is 2,400 square feet, all of which is currently vacant and ready for immediate occupancy. This presents a rare opportunity to secure a substantial retail space in a well-established shopping center. The property is conveniently located in Forsyth County, North Carolina, offering easy access to major transportation routes and a strong local economy.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1987
Construction CONCRETE
Total area 107,609 SF
Lot 12.17 ac (530,125 SF)
Zoning code HB-S
APN 6868-01-2916.00
UPID US53-2107897

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm

Location

3000 Old Holw Rd Walkertown, NC 27051-9579
Walkertown metro Census 3002 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.68M
Blend (final) Blend
$14.24M

Owner & transaction history

since 2015
2 recorded transactions
2015
$6.0M
1969
Price N/A

Zoning & alternative use

HB-S · Walkertown, NC
Zoning description

The HB-S District is primarily intended to accommodate retail service and distributive uses, the district is established to provide locations for establishments which require high visibility and good road access or which…

General category COMMERCIAL
Top alternative use upside
Medical building $20.1M +36.9%
Auto repair, garage $16.2M +10.1%

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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