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2607 Cole Rd 3.3 Acres of Commercial Land Offered at $380,000 in Winston-Salem, NC 27107
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.
PROPERTY FACTS
| Price | $380,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.30 AC |
| Property Type | Land | ||
| Zoning | LO - Limited Office | ||
| Price | $380,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.30 AC |
| Zoning | LO - Limited Office |
1 LOT AVAILABLE
Lot
| Price | $380,000 | Lot Size | 3.30 AC |
| Price Per AC | $115,151.52 |
| Price | $380,000 |
| Price Per AC | $115,151.52 |
| 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.
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PROPERTY TAXES
| Parcel Number | 6854-15-4442 | Improvements Assessment | $0 |
| Land Assessment | $95,800 | Total Assessment | $95,800 |
PROPERTY TAXES
Parcel Number
6854-15-4442
Land Assessment
$95,800
Improvements Assessment
$0
Total Assessment
$95,800
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2607 Cole Rd
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