For Sale
Call for price

1460 Old Salisbury RdWinston-Salem, NC 27127

3.94 Acres, RM8-S Zoning, Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 3.94-acre parcel presents a prime development opportunity in Winston-Salem, North Carolina. Located at 1460 Old Salisbury Road, this property boasts an advantageous RM8-S (Small Multi-Family) zoning designation, making it ideal for the construction of a multi-family residential project. The land is priced competitively at $60,000 per acre, representing a significant value proposition for investors. With 350 feet of road frontage, the site offers excellent visibility and accessibility. Its convenient location, just half a mile from the major thoroughfare Peters Creek Parkway, ensures easy access to key amenities and transportation routes. The seller is open to exploring alternative arrangements, including a land lease or a build-to-suit option, providing flexibility for potential buyers. This is a rare chance to acquire a sizable, well-located parcel in a thriving area of Winston-Salem, Forsyth County, NC, zip code 27127. The property's strategic positioning and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for multi-family housing in this desirable market. Serious inquiries are encouraged.

Highlights

  • 3.94-acre development site in Winston-Salem, NC.
  • RM8-S (Small Multi-Family) zoning.
  • $60,000 per acre.
  • 350 feet of road frontage on Old Salisbury Road, half-mile from Peters Creek Parkway.
  • Seller open to land lease or build-to-suit options.

Property Details for 1460 Old Salisbury Rd

Property type
Land
Lot Size (sq. ft)
171,626 SF

Location Insight

City
Winston-Salem
County
Forsyth
State
North Carolina
Latitude
36.0565232
Longitude
-80.2642195
1460 Old Salisbury Rd, Winston-Salem, North Carolina

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1460 Old Salisbury Rd
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