2959 Thomasville Rd Winston-Salem, NC 27107

This exceptional 0.28-acre lot at 2959 Thomasville Road in Winston-Salem, North Carolina, presents a compelling investment opportunity. Priced at $55,000, this property boasts excellent road frontage and convenient access to I-40, experiencing high daily traffic volume of 19,000 vehicles. The area's zoning plan designates this land for low-density multifamily development, allowing for up to eight units per acre. The property's favorable topography further enhances its development potential. Significant road improvements to Thomasville Road are scheduled by the North Carolina Department of Transportation, commencing in 2023 and concluding in 2025, promising increased accessibility and value. This presents a unique chance to acquire a strategically located parcel. Note that adjoining parcels totaling 1.78 acres with an additional 440 feet of road frontage are available from other owners, offering potential for expansion. A 1.17-acre parcel across the street is also available for purchase separately. The property's address is 2959 Thomasville Rd, Winston-Salem, NC 27107, located in Forsyth County.