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0 Cole Rd 59.62 Acres of Residential Land Offered at $2,981,000 in Winston-Salem, NC 27107
INVESTMENT HIGHLIGHTS
- High visibility and accessibility from Interstate 40.
- Excellent long-term value in a growing market.
- Ready-to-develop with essential infrastructure in place.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,981,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 59.62 AC |
| Property Type | Land | ||
| Zoning | RM18-S - Residential | ||
| Price | $2,981,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 59.62 AC |
| Zoning | RM18-S - Residential |
1 LOT AVAILABLE
Lot
| Price | $2,981,000 | Lot Size | 59.62 AC |
| Price Per AC | $50,000.00 |
| Price | $2,981,000 |
| Price Per AC | $50,000.00 |
| Lot Size | 59.62 AC |
This ±59.62-acre site offers an approved site plan for multifamily and townhome development, strategically located with direct frontage along Interstate 40. Currently zoned RM18-S.
DESCRIPTION
0 Cole Road, Winston-Salem, North Carolina 27107 (the “Property”). This ±55.35-acre site offers exceptional potential for multifamily and townhome development, strategically located with direct frontage along Interstate 40. Currently zoned RM18-S, the property is designated for medium-density residential use with special conditions, making it well-suited for a thoughtfully planned community targeting middle to upper-income residents. The site’s scale, visibility, and accessibility also position it as a strong candidate for rezoning or special-use approval to accommodate mixed-use elements, such as neighborhood retail or community amenities. Located within the dynamic Piedmont Triad region, the property benefits from excellent connectivity to I-40, I-74, and US-52, and is supported by a robust infrastructure and workforce. With utilities available and a generally level topography, the site is development-ready and represents a rare opportunity for investors and developers to deliver a high-quality residential project in one of North Carolina’s most active growth corridors.
PROPERTY TAXES
| Parcel Number | 6854-34-9641 | Improvements Assessment | $0 |
| Land Assessment | $1,814,400 | Total Assessment | $1,814,400 |
PROPERTY TAXES
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0 Cole Rd
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