Property profile

3380 Hickory Tree Rd Winston-Salem, NC 27127

OFF-MARKET
Land
Property ID
US53-1216762
1 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 1 ac (43,560 SF)
UPID US53-1216762

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
  • Car Wash

Location

3380 Hickory Tree Rd Winston-Salem, NC 27127
Winston-Salem metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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