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2607 Cole Rd 3.3 Acres of Commercial Land Offered at $521,360 CAD in Winston-Salem, NC 27107

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INVESTMENT HIGHLIGHTS

  • Development site in southeast Winston-Salem
  • Convenient location, surrounded by existing multi-family product
  • Apartment development potential by right for up to 50 units
  • Seller would consider owner financing or joint venture with acceptable terms

EXECUTIVE SUMMARY

Development site in southeast Winston-Salem, NC. Apartment development potential by right for up to 50 units. Very convenient location and surrounded by existing multi-family product. Great for affordable housing, market-rate apartments, or an institutional type product. Seller would consider owner financing or joint venture with acceptable terms.

ATTACHMENTS

2607-Cole-July25

PROPERTY FACTS

Price $521,360 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 3.30 AC
Zoning LO - Limited Office

1 LOT AVAILABLE

Lot

Price $521,360 CAD
Price Per AC $157,987.88 CAD
Lot Size 3.30 AC

Development site in southeast Winston-Salem, NC. Apartment development potential by right for up to 50 units. Seller would consider owner financing or joint venture with acceptable terms.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6854-15-4442
Land Assessment
$132,060 CAD
Improvements Assessment
$0 CAD
Total Assessment
$132,060 CAD
  • Listing ID: 35633435

  • Date on Market: 2025-04-25

  • Last Updated:

  • Address: 2607 Cole Rd, Winston-Salem, NC 27107

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