2415 Hillcrest Center CirWinston-Salem, NC 27103

For Lease
  • Commercial land
  • 1.70 AC

Property Details for 2415 Hillcrest Center Cir

Lot size
1.70 AC
Zone code
MU-S
Property type
Commercial land
APN
6804-80-5597.00
APU
680480559700

Description

This exceptional 1.7-acre commercial land parcel presents a remarkable investment opportunity in Winston-Salem, NC. Located at 2415 Hillcrest Center Cir, zip code 27103, this single-tenant property (APN 6804-80-5597.00) boasts over 200 feet of high-visibility frontage along a main thoroughfare, experiencing a high traffic count exceeding 30,000 vehicles. Its strategic corner location at the intersection of S Stratford Road and Hillcrest Center Drive ensures maximum exposure for any development. The site is already graded and features paved streets and existing common stormwater infrastructure, significantly reducing development costs and timelines. This property is ideally suited for build-to-suit projects or land lease arrangements, offering flexibility to potential investors. The seller is open to exploring various options, including sale or lease. Furthermore, an adjacent 2.95-acre parcel is also available for development, presenting a unique opportunity to acquire a larger contiguous land holding in this rapidly growing area of Winston-Salem. This prime location and the site's readiness for immediate development make this an exceptional opportunity for investors seeking high-impact commercial real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,299,283
    Hospitality
    $8,518,093
    Educational
    $7,086,954
    Medical
    $7,330,685
    Retail
    $11,024,150
2415 Hillcrest Center Cir, Winston-Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.0524
Longitude
-80.3241
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,977
$745,200
-
$745,200
-
$745,200
-
$745,200

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