3866 Patterson AveWinston-Salem, NC 27105

  • Commercial land
  • 5.11 AC
For Sale
$799,900 View listing

Property Details for 3866 Patterson Ave

Lot size
5.11 AC
Zone code
HB
Property type
Commercial land
APN
6837-17-4280.00
APU
683717428000

Description

This exceptional 440-space RV and boat storage facility opportunity in Winston-Salem, North Carolina, is fully entitled and ready for immediate development. Located at 3866 N Patterson Ave, Forsyth County, zip code 27105 (36.1535409, -80.2477128), this property boasts approximately 1200 feet of highway frontage, providing unparalleled visibility and accessibility. The site includes a pre-existing billboard, offering additional advertising potential. The asking price for this turnkey land investment is $799,900. All necessary entitlements are in place, eliminating lengthy permitting processes and allowing for a swift commencement of construction. This presents a unique chance to capitalize on the growing demand for RV and boat storage in a prime location. The property's substantial highway frontage ensures high traffic visibility, attracting a large customer base. The inclusion of a billboard further enhances marketing opportunities. This is a rare opportunity to acquire a fully entitled, ready-to-build storage facility with significant highway frontage and advertising potential. Don't miss this chance to secure a high-return investment in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,952,602
    Hospitality
    $25,604,432
    Educational
    $21,302,588
    Medical
    $22,035,216
    Retail
    $33,137,358
3866 Patterson Ave, Winston-Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.1538
Longitude
-80.2483
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
$5,930
$442,900
-
$442,900
-
$442,900
-
$442,900

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