4751 Yadkinville Rd Pfafftown, NC 27040
- Commercial real estate
- 8.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4751 Yadkinville Rd
- Lot size
- 8.43 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.43-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding western Winston-Salem area of Pfafftown, North Carolina. Located at 4751 Yadkinville Rd, Forsyth County, zip code 27040, this signalized corner lot boasts a prime location and is zoned RS-9, offering significant development potential. The property's strategic position near Reagan High School and the Grandview Shopping Center ensures high visibility and accessibility. Furthermore, the planned I-74 interchange at Transou and Reynolda Road promises enhanced connectivity and future growth. This site benefits from its proximity to the new Hanes Estate residential redevelopment project, which will add 350 new residential units, further bolstering the area's population and economic activity. Within a 3-mile radius, the area boasts a population of 26,785 with a substantial average household income of $101,947, indicating a strong and affluent consumer base. The asking price is $650,000, translating to $59,312 per acre, representing a compelling value proposition in this thriving market. This is an ideal location for a variety of commercial ventures, capitalizing on the area's robust growth and strong demographics.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pfafftown
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.3640473
- Latitude
- 36.152958