SOLD! Income Producing Property in Winston Salem | Thomasville Rd - 27107

(Property Map Link)
 
Commercial Property in Winston Salem with a lucrative billboard lease! 
 
This is a unique opportunity for someone to own and use a property while the lease pays for it! The property is ideal for parking cars or trucks for a business or personal use. Build a garage or fence it in for ultimate privacy and security. 
 
Situated at 109/Thomasville Rd. and I40, this 0.29 acre lot is located in an established part of town but also has great privacy. It is best accessed from Leona St. which dead ends at 109/Thomasville Rd. There are countless businesses in the immediate area including concrete companies, a used auto parts store, and a Speedway. Geographically, this property is located about 3 miles south east of Winston Salem.
 
Lease Breakdown:
$3,200 annually through 2029 (Lamar Advertising)
CAP rate of 10.9% 
 
Please contact for purchasing information
864-477-9864
triadlegacyland@gmail.com
 

PROPERTY DETAILS:
PARCEL SIZE: 0.29 Acres
ADDRESS: 0 Thomasville Rd. Winston Salem, NC 27107
LOCATION: Across from auto shop at 3200 Thomasville Rd.
COUNTY: Forsyth
PARCEL ID: 6844-12-5001.00 and 6844-12-5050.00
ZONING: LB (Limited Business)
POWER: Available
WATER: Available
SEWER: Not currently available
ROADS: Paved (Thomasville Rd. and Leona St.)
GPS: 36.05749, -80.21262
SKU#: 32