Property profile

3405 Clemmons Rd Clemmons, NC 27012

FOR SALE
Commercial land
Property ID
US53-0298320
1 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel presents a rare opportunity in Clemmons, North Carolina. Located at the signalized corner of Clemmons Road (Highway 158) and Kinnamon Road, this property boasts exceptional visibility and accessibility. With a daily traffic count of 17,000 vehicles on Clemmons Road and 6,100 on Kinnamon Road, this site offers unparalleled exposure for any commercial venture. The property is zoned PB-S, allowing for a variety of development options. Its strategic location directly across from the Food Lion-anchored Kinnamon Village Shopping Center provides immediate access to a substantial customer base. A conceptual site plan is available, showcasing development potential. The seller is open to build-to-suit options, making this an attractive proposition for businesses seeking a customized solution. This prime location in Forsyth County, with its address at 3405 Clemmons Road, zip code 27012, offers a unique blend of high traffic volume and established commercial presence, making it an ideal investment for discerning developers and businesses. The property's size and location make it a highly desirable asset in a thriving market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
Zoning code PB-S
APN 5893-50-0951.00
UPID US53-0298320

Cap rate & NOI

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

Location

3405 Clemmons Rd Clemmons, NC 27012
Clemmons metro Census 4015 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2015
3 recorded transactions
2015
$125,000
2000
$350,000
1969
Price N/A

Zoning & alternative use

PB-S · Clemmons, NC
Zoning description

The purpose of PB-S zone is primarily intended to accommodate office, retail, service, institutional and high density residential uses which customarily serve community and convenience business needs of smaller communiti…

General category CIVIC_INSTITUTIONAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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