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    OFF-MARKET
    Commercial real estate

    3438 Clemmons Rd, Clemmons, NC 27012

    0.61 ac lot
    Property ID
    US53-0698341
    Property summary
    AI-generated overview

    This exceptional 0.61-acre mixed-use development opportunity is situated at 3438 Clemmons Rd, Clemmons, NC 27012, in Forsyth County. The property boasts approximately 134 feet of road frontage on Clemmons Road, a high-traffic area with a daily traffic count of 16,000 vehicles. Its strategic location places it in close proximity to Kinnamon Village, benefiting from existing commercial infrastructure and established customer bases. The asking price for this parcel is $185,000. This presents a unique chance to capitalize on the strong demographics of the area. Within a 3-mile radius, the population exceeds 30,243, and within 5 miles, it surpasses 80,076. The average household income within these radii is notably high, with figures of $97,163 and $89,065 respectively, indicating significant consumer spending power. This makes this property ideal for a variety of retail or mixed-use developments, offering substantial potential for return on investment. The property's zoning and permitted uses should be independently verified. This is a prime opportunity for developers seeking a well-located site with strong market fundamentals. Don't miss this chance to build your next successful venture.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.61 ac (26,572 SF)
    UPID US53-0698341
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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