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Property profile & analytics
OFF-MARKET
Commercial real estate

5215 Reidsville Rd Walkertown, NC 27051

2.07 ac lot
Property ID
US53-0445639
Property summary
AI-generated overview

This exceptional 2.07-acre parcel is strategically located at the corner of Reidsville Road (US Highway 158) and Old Hollow Road in Walkertown, North Carolina. Its prime location offers unparalleled visibility and accessibility, situated near the bustling Walkertown Commons Shopping Center and numerous national retailers. The property enjoys a high-traffic count due to its proximity to Keystone at Walkertown Landing apartments, a large complex boasting over 350 units. Currently zoned RS-20, this versatile land is ideally suited for residential development, such as townhomes or apartments. However, with potential rezoning, a wide range of commercial uses could also be explored, making it an attractive investment opportunity for developers seeking a high-growth area. The property's address is 5215 Reidsville Road, Walkertown, NC 27051, and is offered at an asking price of $265,000. All offers are due by December 15, 2024. This is a rare opportunity to acquire a significant land holding in a rapidly developing area of Forsyth County. Don't miss out on this chance to capitalize on the growth potential of this prime location.

Property profile
Verified
Property type Commercial real estate
Lot 2.07 ac (90,169 SF)
UPID US53-0445639
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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