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    2905 Cole Rd Winston-Salem, NC 27107

    Sponsored
    For Sale
    $450,000

    2.45-acre commercial/industrial lot, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.45-acre parcel, located at 2905 Cole Road in Winston-Salem, Forsyth County, North Carolina (zip code 27107), presents a unique opportunity for development. Zoned LI, the property offers flexibility for various commercial and industrial uses. The asking price is $450,000. A compelling alternative is a build-to-suit option, with a monthly rate of $6,250 NNN. Preliminary plans indicate a potential 13,000 square foot building, incorporating approximately 1.5 acres for outdoor storage or truck parking. For those seeking a long-term commitment, a ground lease on the entire 2.45-acre parcel is available at a monthly rate of $3,450 NNN. This property's strategic location and versatile zoning make it an ideal investment for businesses seeking to establish a presence in Winston-Salem. The property's APN is 6854-41-2146. This is a build-to-suit, purchase, joint venture, or ground lease opportunity. Serious inquiries are encouraged.

    Property Features for 2905 Cole Rd

    General Information

    Property type
    Land
    Lot Size
    106,722 SF

    HighLights

    • Sale Price: $450,000
    • Build‑to‑Suit Lease Rate: $6,250/Month, NNN
    • Ground Lease Rate: $3,450/Month, NNN
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Auto Repair Shop Kitchen & Bath Storage Facility Bar & Pub Garden Center Electronics Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.1698399
    Latitude
    36.055648

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    FAQs

    What type of property is this?
    Land - 2.45-acre commercial/industrial lot, build-to-suit option.
    Where is this land located?
    The property is located at 2905 Cole Rd Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Sale Price: $450,000; Build-to-Suit Lease Rate: $6,250/Month, NNN; Ground Lease Rate: $3,450/Month, NNN
    Request Owner's contact information
    2905 Cole Rd Winston-Salem, NC 27107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2905 Cole Rd Winston-Salem, NC 27107
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