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    2905 Cole Rd Winston-Salem, NC 27107

    • Industrial land
    • 1.63 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Last Sale
    Nov 10, 2022
    $150,000
    Location Intelligence
    Property ID
    US53-5816482
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial land

    Property Details for 2905 Cole Rd

    Lot size
    1.63 lot acres
    Zone code
    LI
    Property type
    Industrial land
    APN
    6854-41-2139.00
    APU
    685441213900

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.1702
    Latitude
    36.0557
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $52,100
    $0.00
    $52,100
    -
    $52,100
    $0.00
    $52,100

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    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
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