Property profile

3438 Clemmons Rd Clemmons, NC 27012

OFF-MARKET
Retail properties & Spaces
Property ID
US53-0698341
0.61 ac lot
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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 Retail properties & Spaces
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

Location

3438 Clemmons Rd Clemmons, NC 27012
Clemmons metro
Google Maps

Value estimations

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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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