Property summary
This exceptional 1-acre development site, located at 3380 Hickory Tree Road in Winston-Salem, North Carolina (zip code 27127), presents a unique investment opportunity. Situated in a high-traffic area with a daily count of 24,000 vehicles, this property boasts a Highway Business zoning designation and is conveniently located near major retailers such as Sheetz and McDonald's, sharing a driveway for easy access. The site is already developed, featuring existing stormwater management and utilities infrastructure, significantly reducing development costs and timelines. An approved site plan for a 6,900 square foot building is in place, streamlining the permitting process. Recent NCDOT improvements further enhance the property's visibility and accessibility. This outparcel offers significant potential for a variety of commercial uses, capitalizing on its prime location and existing infrastructure. The asking price for this ready-to-develop parcel is $350,000. Forsyth County's robust economy and growing population make this an attractive investment for developers seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a fully prepared site in a highly visible and convenient location.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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