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Wooded Acreage in Southeast Greensboro
For Sale
$498,000

5509 5505 5505zz 5509zz DRAKE Road, Greensboro, NC 27406

0.29 acres with home, privacy, and development potential.

Property SizeContact for details
Lot Size20.29 Acres
Days on Market257

Property Features for 5509 5505 5505zz 5509zz DRAKE Road

General Information

Standard status Active
Lot size 20.29 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,120

Amenities

Wooded
Listing Agency: RE/MAX REALTY CONSULTANTS
Listed By: BARBARA MANN · License #154847
Source: Corcoran
Added: Dec 9, 2025 Changed: Aug 15 Last Checked: Aug 23 at 6:18AM

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 RE/MAX REALTY CONSULTANTS

Investment Insights

Based on property information with market context.

This 0.29-acre property features wooded land, offering privacy and space. Located in southeast Greensboro, the tract extends from Drake Road to the end of Sheila Drive, creating a secluded setting. The surveyed land consists of multiple parcels, providing future flexibility. Approximately 500 feet of road frontage offers access. A home on the property is currently rented and could be renovated or used during construction. The property is suited for an estate home, homestead, or recreational retreat.

Key Highlights

  • Large 0.29 acre wooded tract offering privacy and space.
  • Multiple parcels and surveyed land provide future flexibility.
  • Approximately 500 feet of road frontage provides easy access.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service Barber 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

22
Businesses Nearby

Demographics for 27406, NC

61,597
Population
28,080
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
69.4 sq mi
ZIP Area
888
Density / Sq Mi
$56,748
Median Household Income
$37,095
Median Earnings
$1,103
Median Rent
$191,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.29 acres with home, privacy, and development potential.
Where is this residential land & home lot located?
The property is located at 5509 5505 5505zz 5509zz DRAKE Road Greensboro, NC.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Large 0.29 acre wooded tract offering privacy and space.; Multiple parcels and surveyed land provide future flexibility.; Approximately 500 feet of road frontage provides easy access.
More about this property
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