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Investment Highlights

  • 30 lots, ideal for residential development, site plan approved
  • Located near Hanes Mall and upcoming employment centers
  • Utilities in place: water and sewer on-site

Executive Summary

1468 Old Salisbury Rd | Winston-Salem, NC 27127 Exceptional opportunity to acquire a 3.34± acre townhome development site in a highly accessible Winston-Salem location. Offered at $450,000, this site plan approved project is designed for 30 townhome lots, equating to an attractive $15,000 per lot. Utilities are a major advantage, with water and sewer available on-site, helping streamline the path to development. Elevations are also available, providing added value for builders and developers seeking a project with meaningful pre-development progress already in place. Positioned near major retail, dining, and commuter corridors, the property benefits from close proximity to US-150, I-40, and I-285, as well as nearby anchors including Hanes Mall, Aldi, Chipotle, Toyota, Sheetz, Harbor Freight, and Compare Foods. The location map also notes 1,200 jobs coming soon, further supporting area growth and housing demand. This is a rare chance to secure a well-located, development-ready townhome site in one of Winston-Salem’s active residential corridors.

Property Facts

Price $450,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 3.34 AC
Zoning RM8-S - Residential Multifamily - 8 units per acre

1 Lot Available

Lot

Price $450,000
Price Per AC $134,730.54
Lot Size 3.34 AC

1468 Old Salisbury Rd | Winston-Salem, NC 27127 Exceptional opportunity to acquire a 3.34± acre townhome development site in a highly accessible Winston-Salem location with water and sewer at the road.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 37244394

  • Date on Market: 8/12/2025

  • Last Updated:

  • Address: 1468 Old Salisbury Rd, Winston-Salem, NC 27127

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