Technical
Financial
Distress signals
Property profile

2905 Cole Rd Winston Salem, NC 27107

OFF-MARKET
Industrial land
Property ID
US53-5816482
1.63 ac lot
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.63 ac (71,003 SF)
Zoning code LI
APN 6854-41-2139.00
UPID US53-5816482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2905 Cole Rd Winston Salem, NC 27107-4511
Winston Salem metro Census 3403 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2024
Last sale
$150,000
3 recorded transactions
2024
$330,000
2022
$150,000
2006
$16,000

Zoning & alternative use

LI · Winston Salem, NC
Zoning description

The LI District is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial and service activities which, in their normal operations, have little…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2905 Cole Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message