0.64 Acres Shadow-Anchored by Lowe's

Lambert CRE proudly presents the 0.64-acre raw-land commercial development site at 1479 Yadkinville Road in Davie County, North Carolina. Shadow-anchored by Lowes and next to a new-construction Take 5 Oil Change, the site benefits from excellent visibility and accessibility along a strong retail corridor. Other retailers include Goodwill, Pizza Hut, Wendys, Sheetz, McDonalds, Dunkin, Dollar General, OReilly Auto Parts, Truist, local restaurants, franchise hotels, and more. Located within Davie County, North Carolina, the site is right off Interstate 40, with approximately 20,500 vehicles passing daily along Yadkinville Road, and 34,000 to 37,500 vehicles traveling Interstate 40. Flexible commercial zoning and immediate Interstate access make the perfect development site for retail, quick-service restaurants, mixed-use, and more. Mocksville benefits from its proximity to the Piedmont Triad, only about 22 miles southwest of Winston-Salem and about 48 miles southwest of Greensboro. There are approximately 18,067 households in the surrounding 10-mile radius. The local population of 45,491 is set to increase by 1.6% by 2029. The area generates annual consumer spending of nearly $600 million via the substantial average household income of $84,041. Retail market rents in Winston-Salem are $17.30-per-square-foot, a change of 2.7% year-over-year. In Winston-Salem, the five-year average annual rent growth is 4.3%, and the 10-year average annual rent growth is 3.4%. This development opportunity is ideal for a seasoned developer with experience improving raw land topography to retail/commercial mixed-use operations. Property tours are available by appointment only. Please contact the broker to schedule.