Valley Rd
Winston-Salem, NC 27106
SFR Development Land in the Piedmont Triad · Land For Sale
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48.48 AC
Investment Highlights
- Prime site in Winston-Salem, NC, offering rezoning potential to RM-8.
- Sewer serviced by Mill Creek and water connections available on adjacent properties.
- Positioned in the Piedmont-Triad, which is expected to see significant growth, fueled by the Carolina CORE and 421 Corridor development.
- Current plans allow for 80 townhomes on 6 acres, with floodplain mitigation efforts underway to unlock 30 acres for at least 350 units.
- Within ½ mile of Walgreens, CVS, Reynolda Commons Shopping Center, and Forsyth Memorial Park.
- Proximity to Valley Rd, Yadkinville Rd, and Reynolda Rd, with a traffic count of 20,000 at key intersections.
Property Facts
| Property Type | Land | Total Lot Size | 48.48 AC |
| Property Subtype | Commercial | ||
| Zoning | RS-9 - Residential | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 48.48 AC |
| Zoning | RS-9 - Residential |
Description
This 48.48-acre property in Winston-Salem, NC, represents an excellent development opportunity with expansive green space. The property is well-positioned, surrounded by residential neighborhoods and conveniently located near Valley Rd, Yadkinville Rd, and Reynolda Rd. Key intersections boast a traffic count of 20,000 and are within close proximity to major retailers like Walgreens, CVS, Reynolda Commons Shopping Center, and Forsyth Memorial Park. The site benefits from its strategic location in the Piedmont-Triad, a region poised for rapid growth due to its position along the Carolina CORE and 421 Corridor. Utilities are readily available, with sewer service from Mill Creek and water connections accessible from adjacent properties. The area is further enhanced by nearby amenities, including Betharba Park Trail, Harris Teeter, and Food Lion, all within 1½ miles. With North Carolina projected to grow by 10% over the next decade, this property offers a unique chance to capitalize on increasing demand in a high-growth market.
Property Taxes
| Parcel Number | 6817-05-1197 | Improvements Assessment | $1,100 |
| Land Assessment | $188,500 | Total Assessment | $189,600 |
Property Taxes
