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32684571

963 West Clemmonsville Road, Winston-Salem, NC 27127 For Sale

CrossMark Realty Solutions Inc
Listed by CrossMark Realty Solutions Inc
Unpriced
62 days on market
Updated 11 days ago

StoneBriar Subdivision

Details
APN 6823-97-6839, 6823-98-7243, 6823-97-9985
Property Type Land
Sub Type Residential
Units 32
Tenancy Vacant
Class A
Acreage 6 - 7
Zoning RS9
Investment Type Stabilized
Sale Condition For sale by owner

Land

Marketing description

Stonebriar Subdivision is a prime in-town infill location on West Clemmonsville Road in SW Winston-Salem, offering 32 finished, developed single-family residential lots near pad-ready status. The project represents a limited supply new construction opportunity in an established submarket with strong comparable sales. Road, drainage, and utilities are largely complete with all governmental approvals secured. The seller will complete the final asphalt lift post-closing, and stormwater, grading, and common areas are substantially done. Lot pad envelopes of 40' x 50' and 40' x 60' have been engineered per the site plan by LPK Consulting Engineers.

The property is strategically located near Konnoak Elementary, Parkland Park, and local amenities, surrounded by established neighborhoods with strong comparables. It is minutes to downtown Winston-Salem and major employment corridors, with limited competing new construction supply in the submarket. The development offers builder economics with an average home sale price of $375,000, estimated builder margin of approximately 30% (~$112,500 per home), total project revenue of ~$12M, and estimated total builder profit of $3.6M-$4.0M.

Investment highlights

  • 32 finished lots near pad-ready
  • Prime in-town location
  • Infill - Limited supply
  • Road, drainage & utilities largely complete
  • All governmental approvals secured
  • Near pad-ready - final asphalt lift by seller post-closing
  • Stormwater, grading & common areas substantially done
  • 40' x 50' & 40' x 60' pad envelopes per engineering plan
  • RS9 zoning | LPK Consulting Engineers (site plan)
  • Prime in-town infill location - West Clemmonsville Rd, SW Winston-Salem
  • Near Konnoak Elementary, Parkland Park & local amenities
  • Surrounded by established neighborhoods - strong comps
  • Minutes to downtown Winston-Salem & major employment corridors
  • Limited competing new construction supply in submarket
  • Avg home sale price $375,000
  • Est. builder margin (~30%) ~$112,500/home
  • Total project revenue ~$12,000,000
  • Est. total builder profit $3.6M - $4.0M
  • 2-4 homes/month absorption
  • 8-16 month sellout

Listing Contacts

CrossMark Realty Solutions Inc
Listed by CrossMark Realty Solutions Inc

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