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3640 Reynolda Rd - 3640 Reynolda Road Outparcel

1 Acre of Commercial Land Offered at $500,000 in Winston-Salem, NC 27106

Investment Highlights

  • Positioned along Yadkinville Road, with an Average Annual Daily Traffic (AADT) count of 10,000, and Reynolda Road with 18,000 AADT.
  • Dense residential population within reach: 20,000 people within 1 mile, expanding to 78,000 within a 3-mile radius.
  • Strong consumer demographic within easy reach of the property.
  • Prime frontage along Yadkinville Road for optimal visibility and access.
  • Located approximately 3 miles from the newly constructed Interstate 74 Beltway Interchange, providing enhanced connectivity.
  • Perfect opportunity for businesses looking to benefit from high-traffic exposure and a robust population nearby.

Executive Summary

The area boasts a robust population, with a 1-mile radius population of 20,000 that expands to 78,000 within 3 miles, providing a substantial consumer base for businesses. With these characteristics, this location is ideally suited for retail, service, or office use, offering outstanding potential for businesses seeking high visibility and access to a thriving local market.

Property Facts

Price $500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Carwash
  • Convenience Store
  • Drugstore
  • Fast Food
  • General Freestanding
  • Parking Lot
  • Self Storage
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 1.00 AC

1 Lot Available

Lot

Price $500,000
Price Per AC $500,000
Lot Size 1.00 AC

HIGHLIGHTS: - Yadkinville Rd. AADT 10,000 / Reynolda Rd. AADT 18,000 - Frontage Along Yadkinville Rd. - 1-3 Mile Population ranging from 20k - 78k - Approx. 3 Miles From the new Interstate 74 Beltway Interchange

Description

This property offers a highly visible location with prominent frontage along Yadkinville Road, ensuring excellent exposure in a high-traffic area with AADT counts of 10,000 on Yadkinville Rd. and 18,000 on Reynolda Rd. It is conveniently situated about 3 miles from the new I-74 Beltway Interchange, improving access to the surrounding areas and significantly enhancing the property's connectivity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6817-17-2992
Land Assessment
$1,669,300
Improvements Assessment
$2,619,000
Total Assessment
$4,288,300

zoning

Zoning Code HB (Business)
HB (Business)
  • Listing ID: 31340345

  • Date on Market: 3/27/2024

  • Last Updated:

  • Address: 3640 Reynolda Rd, Winston-Salem, NC 27106

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