For Sale
$2,300,720

1137 Poplar St Winston-Salem, NC 27101

Prime 4-acre development site, 88 units.

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional opportunity to acquire a fully entitled 4-acre (approximately 3.9 to 4 acres) mixed-use development site in Winston-Salem, North Carolina. Located on Poplar St SW in Forsyth County (zip code 27101), this property presents a turnkey solution for investors seeking immediate development potential. The site is zoned MU-S and approved for a multifamily development encompassing 88 condominium units across two potential building sites. Comprehensive construction plans, renderings, and floor plans are included in the sale, currently under plan review. This project benefits from approved Brownfield Tax Increment Financing (TIF) credits and has received NCDEQ approval for its development master plan. Situated just south of Downtown Winston-Salem, this location offers convenient access to the city's amenities and is surrounded by established neighborhoods and institutions. The asking price for this exceptional opportunity is $2,300,720. The property is privately owned and offered for sale by owner. This is a rare chance to capitalize on a pre-approved, shovel-ready development project with significant cost savings and tax advantages.

Highlights

  • Four-acre site minutes from anywhere in Winston-Salem.
  • Approved for 88 condo units; complete plans included.
  • Brownfield TIF credits approved.
  • Development master plan approved by NCDEQ.

Property Details for 1137 Poplar St

Property type
Land
Lot Size (sq. ft)
169,884 SF

Location Insight

City
Winston-Salem
County
Forsyth
State
North Carolina
Latitude
36.081331776281
Longitude
-80.243364076141

FAQs

What type of property is this?
Land - Prime 4-acre development site, 88 units.
Where is the land located?
The property is located at 1137 Poplar St Winston-Salem, NC.
What is the asking price?
The asking price for this property is $2,300,720.
What are key features of this property?
This property features: Four-acre site minutes from anywhere in Winston-Salem.; Approved for 88 condo units; complete plans included.; Brownfield TIF credits approved.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1137 Poplar St
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