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Multi-Family Land for Development
For Sale
$195,000

4912 Watlington Rd, Greensboro, NC 27405

Land with plans for 14 townhome or apartment units.

Property SizeContact for details
Days on Market198

Property Features for 4912 Watlington Rd

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Keller Williams One
Listed By: William Warmath, Jr.
Source: Vickiegallimore
Added: Mar 5 Changed: Sep 8 Last Checked: Sep 19 at 10:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams One

Investment Insights

Based on property information with market context.

This multi-family land is located in the city and includes most of the engineering and design work, which is nearly complete, although updating with the city will be required. A retention pond is already installed. Plans for 14 townhome or apartment units will convey with the property, potentially saving a buyer thousands of dollars. The property is ideally suited for a new infill development for rapid sales or rentals, or for future investment, given Greensboro's Road to 10,000 Plan. All preliminary drawings will convey with the property and will need updating. Demand for units is high.

Key Highlights

  • Plans for 14 townhome/apartment units included, potentially saving thousands.
  • Retention pond already installed.
  • Most engineering and design work nearly complete.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 27405, NC

51,506
Population
21,762
Households
2.4
Avg Household Size
34
Median Age
23%
College-Educated
84%
High-School Grad
31.4 sq mi
ZIP Area
1,640
Density / Sq Mi
$46,498
Median Household Income
$31,677
Median Earnings
$1,002
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land with plans for 14 townhome or apartment units.
Where is this residential land & home lot located?
The property is located at 4912 Watlington Rd Greensboro, NC.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Plans for **14 townhome/apartment units included**, potentially saving thousands.; Retention pond already installed.; Most engineering and design work nearly complete.
More about this property
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