1460 Old Salisbury RdWinston-Salem, NC 27127

Property Details for 1460 Old Salisbury Rd

Lot size

3.94 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Winston-Salem

County

Forsyth

State

North Carolina

Latitude

36.0565

Longitude

-80.2642

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