.56 Acre Residential/Commercial Lot in Winston!

Winston-Salem, NC, 27127
Sold
Listed at: October 16th, 2024
Price
$45,000
ARV
$460,000
Gross Margin
$415,000
Sq. Footage
0
Type
Land
Parking
Driveway
Year build
0
Lot size
0.56 acres
Bedrooms
0
Bathrooms
0
Half Bathrooms
0
Summary

This is a great opportunity to purchase a 0.56 acre city lot WITH CITY SEWER AND WATER and NO HOA! This lot is located on Strickland Ave, 9 minutes south of Downtown Winston (Its the vacant lot next to 100 Strickland Ave). PLEASE WATCH VIDEO OF THE LOT BELOW

The APN is 6833-38-4713. The lot is zoned HB AND RS9 so there are endless possibilities of what you can build on this lot. I have spoken with the city and, as it sits, you can build structures allowed under HB zoning on one part of the property and structures allowed under RS9 zoning on the other part. OR you can simply rezone to whichever you prefer. I have included the list of structures allowed for each zoning in the pictures. 

HB Zoning stands for Highway Business zoning and is intended for businesses that require good road access and high visibility. Some of the popular structures allowed under HB zoning are Storage Unit, Car Wash, Daycare, Food or Drug Store, Fuel Dealer, Commercial Parking, and much more!

If you wanted to go the residential route, here are some comps that have sold close by:

330 Merrell Dr sold for $375k

3310 Konnoak Dr sold for $330k

3316 Konnoak Dr sold for $410k

My asking price is $45k. Closing is scheduled for November 1st and buyer agrees to pay all closing costs. Please contact Andrew at 980-231-8010 if you are interested or have any questions.

Videos

Strickland Ave Lot

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Andrew Peacock

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Disposition manager