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791 Teague Rd 37.15 Acres of Residential Land Offered at $740,000 in Winston-Salem, NC 27107
Executive Summary
Discover an exceptional investment opportunity with this expansive 37-acre parcel, perfectly positioned for development and already zoned RM-5. With a recorded plat map and completed site plan in place for a townhome community, much of the preliminary work has been done—streamlining the path toward your next residential project.
This versatile property offers multiple avenues for use. Developers can immediately move forward with the existing townhome concept, or explore any of the additional approved uses permitted under RM-5 zoning. For those seeking privacy and space, the acreage can also be retained for personal enjoyment, offering endless possibilities for recreation, agricultural use, or future planning.
Located in an area experiencing consistent growth, this tract presents rare flexibility paired with long-term potential—ideal for investors, builders, and visionary buyers. Whether you’re ready to launch a residential development or secure land for future use, this property stands ready to deliver.
This versatile property offers multiple avenues for use. Developers can immediately move forward with the existing townhome concept, or explore any of the additional approved uses permitted under RM-5 zoning. For those seeking privacy and space, the acreage can also be retained for personal enjoyment, offering endless possibilities for recreation, agricultural use, or future planning.
Located in an area experiencing consistent growth, this tract presents rare flexibility paired with long-term potential—ideal for investors, builders, and visionary buyers. Whether you’re ready to launch a residential development or secure land for future use, this property stands ready to deliver.
Property Facts Under Contract
| Price | $740,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 37.15 AC |
| Property Type | Land | ||
| Zoning | RM5 - See attachment with zoning uses. | ||
| Price | $740,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 37.15 AC |
| Zoning | RM5 - See attachment with zoning uses. |
1 Lot Available
Lot
| Price | $740,000 | Lot Size | 37.15 AC |
| Price Per AC | $19,919.25 |
| Price | $740,000 |
| Price Per AC | $19,919.25 |
| Lot Size | 37.15 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 6843-25-6746 | Improvements Assessment | $43,000 |
| Land Assessment | $471,700 | Total Assessment | $514,700 |
Property Taxes
Parcel Number
6843-25-6746
Land Assessment
$471,700
Improvements Assessment
$43,000
Total Assessment
$514,700
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791 Teague Rd
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