Property summary
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
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Winston Salem, NCThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Winston Salem, NC.
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