3.3 Acres of Commercial Land for Sale in Winston-Salem, North Carolina
2607 Cole Rd, Winston-Salem, NC 27107
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$139,995
3.3 acres
Active sale$45k dropEst $1,411/mo
Prime 3.13ac Commercial Property with exceptional visibility to I-40 priced to move quickly (other nearby similar commercial comps priced at 3x's our value)! Zoned LO (Limited Office), allowing for a variety of commercial and office uses, including medical, professional, administrative and government use. The subject property is also positioned adjacent to a 75un+ apartment complex, making it an ideal investment for a Multifamily developer looking to create an asset in a market with great rental demand, limited supply, and compressed cap rates on existing inventory. City water and sewer located at the road.
Directions
TRAVEL EAST ON WAUGHTOWN TURN RIGHT ON COLE ROAD PROPERTY ON LEFT JUST AFTER PASSING OVER I-40
Property details
- County
- Forsyth County
- Zoning
- LO
- Elevation
- 902 feet
- MLS Number
- TRIAD 1134586
- Date Listed
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 16, 2024 | Price decrease | $139,995 | $45,000 -24.3% | TRIAD |
Mar 7, 2024 | New listing | $184,995 | — | TRIAD |
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