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23.96 Acre Multifamily Site 2 Land Properties Offered at $2,999,000 in Greensboro, NC
INVESTMENT HIGHLIGHTS
- The RM-18, Residential Multi-family district is intended to accommodate multi-family and other residential uses with a total 300 unit density.
EXECUTIVE SUMMARY
23.96 acre combined parcels (231 Ritters Lake Road and 151 Wolfetrail Road) available for purchase at asking price of $2,999,000. Rezoning to RM-18 has been approved by the City of Greensboro which allows up to 300 units on the site. Water and sewer are in close proximity to the site. Site is located five miles south of downtown Greensboro and only .7 miles from the S Elm-Eugene Road interchange with I-85 in a highway section that is part of the Greensboro Urban Loop. Access via Hwy 421 to the new Toyota EV Battery plant (20 minute drive) in Liberty that is expected to employ 7,500+ manufacturing staff when all phases are completed. Also recently announced is a new 192,000-square-foot, $24.4 million Amazon facility which will employ 2,000 people directly across Ritters Lake Road from the site.
PROPERTY FACTS
| Price | $2,999,000 | Number of Properties | 2 |
| Sale Type | Investment | Individually For Sale | 1 |
| Status | Active | Total Land Area | 23.96 AC |
| Price | $2,999,000 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Land Area | 23.96 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | INDIVIDUAL PRICE |
|---|---|---|---|
|
Development Opportunity, 18.79 +/- Acres
151 Wolfetrail Rd, Greensboro, NC 27406 |
Land | 18.79 AC | - |
|
Multi-Family site by future Amazon facility
231 Ritters Lake Rd, Greensboro, NC 27406 |
Land | 5.17 AC | $2,999,000 |
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23.96 Acre Multifamily Site
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