Property profile

3640 Reynolda Rd Winston-Salem, NC 27106

OFF-MARKET
Land
Property ID
US53-0591641
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial outparcel is strategically located at 3640 Reynolda Road in Winston-Salem, North Carolina, Forsyth County, zip code 27106. Offered at $500,000, this property presents a compelling investment opportunity due to its high visibility and significant traffic counts. The site is zoned HB and boasts frontage along Yadkinville Road, benefiting from a combined average annual daily traffic (AADT) of approximately 28,000 vehicles. Reynolda Road itself sees an AADT of 18,000 vehicles. This translates to substantial exposure for any commercial development. The property's location is further enhanced by its proximity to a growing population base. Within a 1- to 3-mile radius, the population ranges from 20,000 to 78,000 residents, indicating a strong potential customer base. Adding to its appeal, the property is conveniently situated approximately 3 miles from the new Interstate 74 Beltway Interchange, providing excellent access to regional transportation networks. This prime location, combined with the high traffic volume and substantial population density, makes this outparcel an ideal site for a variety of commercial ventures. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)
UPID US53-0591641

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
  • Church

Location

3640 Reynolda Rd Winston-Salem, NC 27106
Winston-Salem metro
Google Maps

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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