2010 Burke Ml Rd Winston-Salem, NC 27103
- Commercial real estate
- 10.80 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2010 Burke Ml Rd
- Lot size
- 10.80 lot acres
- Property type
- Commercial real estate
Description
This exceptional 10.8-acre commercial property, located at 2010 Burke Mill Road in Winston-Salem, North Carolina (zip code 27103), presents a unique investment opportunity. The property boasts significant road frontage on Burke Mill Road, situated in a high-growth area of Forsyth County. A site plan has already been approved for the construction of a 27-unit apartment complex, making this an ideal project for developers seeking a streamlined path to construction. While up to approximately two acres are buildable, the remaining land offers a serene setting with a 3.9-acre lake, presenting potential for the development of a walking trail or other amenity. The property is zoned RM12-S, and the land value is $0.80 per square foot. The asking price for this multifamily, mixed-use land parcel is $375,000. While the approved plan focuses on apartments, the property may be suitable for other uses, subject to city approval. This is a rare chance to acquire a well-positioned, approved development site in a thriving area. Contact us today to learn more about this exciting opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winston-Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.293591
- Latitude
- 36.0577927