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0 Geneva Rd
Winston-Salem, NC 27103
Land For Sale
·
16.00 AC
Investment Highlights
- ±16 acres positioned for multi-family development in a high-demand market.
- Utilities (water, sewer, electric) available through the City of Winston-Salem.
- Offered at $1,207,500, equating to $75,000 per acre.
- Located near retail, healthcare, and educational facilities for strong tenant appeal.
- Excellent access to I-40 and Ebert Road with significant daily traffic counts.
Executive Summary
This ±16-acre parcel on Geneva Road in Winston-Salem offers a prime opportunity for multi-family development in one of North Carolina’s fastest-growing markets. The site benefits from strong connectivity and visibility, positioned near major thoroughfares including I-40 and Ebert Road, which see daily traffic counts of over 100,000 and 13,000 vehicles respectively.
The property is strategically located near a mix of amenities, retail centers, healthcare facilities, and educational institutions, making it highly attractive for residential development. Utilities including water, sewer, and electric are provided by the City of Winston-Salem, reducing development complexity. Current zoning is RS-9, supporting residential growth in a thriving submarket.
With a competitive asking price of $1,207,500 (approximately $75,000 per acre), this site presents a compelling investment for developers seeking to capitalize on the region’s robust population growth and demand for quality housing.
The property is strategically located near a mix of amenities, retail centers, healthcare facilities, and educational institutions, making it highly attractive for residential development. Utilities including water, sewer, and electric are provided by the City of Winston-Salem, reducing development complexity. Current zoning is RS-9, supporting residential growth in a thriving submarket.
With a competitive asking price of $1,207,500 (approximately $75,000 per acre), this site presents a compelling investment for developers seeking to capitalize on the region’s robust population growth and demand for quality housing.
Property Facts
1 Lot Available
Lot
| Price | $1,662,160 CAD | Lot Size | 16.00 AC |
| Price Per AC | $103,885.00 CAD |
| Price | $1,662,160 CAD |
| Price Per AC | $103,885.00 CAD |
| Lot Size | 16.00 AC |
16 Acre Parcel on Geneva Road
Description
The property consists of approximately 16 acres located along Geneva Road in Winston-Salem, North Carolina. It is situated near Interstate 40 and Ebert Road, with daily traffic counts exceeding 100,000 vehicles on I-40 and 13,000 vehicles on Ebert Road. The site is within proximity to retail, healthcare, and educational facilities. Utilities including water, sewer, and electric are provided by the City of Winston-Salem. The current zoning designation is RS-9.
Property Taxes
| Parcel Number | 6824-34-0720 | Improvements Assessment | $0 CAD |
| Land Assessment | $204,690 CAD | Total Assessment | $204,690 CAD |
Property Taxes
Parcel Number
6824-34-0720
Land Assessment
$204,690 CAD
Improvements Assessment
$0 CAD
Total Assessment
$204,690 CAD
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