Prime Development Opportunity | 7.22 +/- Acres on Hickory Tree Road situated in a high-growth corridor of Winston-Salem (Davidson County). Boasting approximately 376 feet of road frontage on Hickory Tree Road, this property experiences high visibility with traffic counts averaging 24,000+ vehicles per day, and sits just seconds from the bustling Highway 150 / Peters Creek Parkway intersection (35,500+ VPD). Positioned directly adjacent to established commercial hubs (including neighboring Highway Commercial and Limited Industrial zoning), this parcel is featured in the Davidson Area Plan for future Commercial Zoning, offering a spectacular canvas for a developer, investor, or business owner looking to subdivide or rezone for commercial or high-density residential use. Stormwater management options and public utilities are available nearby. An access drive to Peters Creek Parkway is also accessible.
Vacant landProperty Type
7.22 acresLot Size
$135,042Price/Acres
Listed by Chris Martin• Tri County Real Estate
Listed by Eddie Longbottom• Tri County Real Estate
The Office/Institutional District is intended to provide locations for medium intensity office and institutional development and where appropriate, will be applied as a buffer between non-residential and residential zoning districts.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Educational/school
Library
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Winston Salem, NC • 27127
Average low and high temperatures (°F)
46
27
54
34
69
44
76
52
77
57
88
66
90
72
81
66
80
62
72
49
63
42
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3318 Hickory Tree Rd
$839,569
$135K under list price of $975K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $355K.