Listed by Commercial Realty Advisors
Unpriced
University Land Assemblage
Details
APN 6829-22-3578 ; 6829-22-5385 ; 6829-22-3370
Property Type Land
Sub Type Commercial
Price Per Acre $194,000
Acreage 5.700
Zoning RS-9
Multi-Family potential between new beltway and north side shopping area
Marketing description
Wonderful small development parcel. Winston-Salem Area Plan calls for this
area to be up to 18 dwellings/acre for a total of 102 dwelling units. Additional
±1.65 acres also available to the north for a total of 132 dwelling unit potential.
Staff may consider non-residential uses if presented as part of a unified rezoning request. This land assemblage is situated close to shopping, amenities,
and easy access to transportation networks.
Investment highlights
- Located along major corridor (±13,500 AADT)
- Only ±0.6 miles from newly constructed WS beltway (I-74)
- Area plan calls for 8.1 - 18 dwelling units per acre
- Adjacent to LB-zoned property (south)
- Property located to southwest was rezoned to allow for multifamily development
- Property (±1.65 acres) located to the north can be added for a larger footprint
- Located only ±0.38 miles to nearest bus stop and ±0.54 miles to Walmart
Listing Contacts
Listed by Commercial Realty Advisors
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