2607 Cole Road

Winston-Salem, NC 27107

$119,995
Price
143,748 / 3.3
Lot Size / Acres

Description

Prime 3.13ac Commercial Property with exceptional visibility to I-40 priced to move quickly (other nearby similar commercial comps priced at 3x’s our value)! Zoned LO (Limited Office), allowing for a variety of commercial and office uses, including medical, professional, administrative and government use. The subject property is also positioned adjacent to a 75un+ apartment complex, making it an ideal investment for a Multifamily developer looking to create an asset in a market with great rental...Prime 3.13ac Commercial Property with exceptional visibility to I-40 priced to move quickly (other nearby similar commercial comps priced at 3x’s our value)! Zoned LO (Limited Office), allowing for a variety of commercial and office uses, including medical, professional, administrative and government use. The subject property is also positioned adjacent to a 75un+ apartment complex, making it an ideal investment for a Multifamily developer looking to create an asset in a market with great rental demand, limited supply, and compressed cap rates on existing inventory. City water and sewer located at the road.
  1. Listed by Andrea Ochoa • Collective Realty LLC

Property Details for 2607 Cole Road

Zoning
LO

Location

Listing Courtesy of Collective Realty LLC
Add your commute
LISTING UPDATED: 04/30/2024 08:57 PM

Property Details for 2607 Cole Road

StatusPrice Change
MLS #1134586
Days on Market63
Taxes$1,155 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Single Family Residence
Year Built-
Lot Size3.30 AC
CountyForsyth County

Location

Listing Courtesy of Collective Realty LLC
Add your commute

Building Information for 2607 Cole Road

Building Size-Lot Size3.30 AC

Payment Calculator

$751 per month

30 year fixed, 7.25% Interest

Principal and Interest

$655

Property Taxes

$96

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2607 Cole Road

Summary
Location and General Information
  • County Or Parish: Forsyth
  • City: Winston Salem
  • Directions: TRAVEL EAST ON WAUGHTOWN TURN RIGHT ON COLE ROAD PROPERTY ON LEFT JUST AFTER PASSING OVER I-40
  • Latitude: 36.067342
  • Longitude: -80.179413
  • Postal Code: 27107
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: 2.75%
  • Tax Annual Amount: $1,155.00
  • Tax Assessed Value: $87,900.00
  • Tax Year: 2022
  • Parcel Number: 6854154442
  • Association: No
Property
Lot Information
  • Lot Size Acres: 3.3
  • Lot Size Dimensions: 140 x 961 x 36 x 183 x 218 x 307 x 345
  • Total Heated Finished SqFt Range: 0 - 0
Property and Assessments
  • Photos Count: 17
  • Property Type: Land
  • Deed Book: 3409
  • Deed Page: 365
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 2607 Cole Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2607 Cole Road

Taxable ValueLand$87,900Additions-Total$87,900
Tax Record2023$1,177 ($98 / month)
Home Facts
Lot Size136,343 SqFtStyleCommercialZoningLOCountyFORSYTHAPN6854-15-4442.00

Schools near 2607 Cole Road

This home is within Winston Salem & Forsyth County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hall-Woodward Elementary
PublicPK to 5

Philo Middle
Public6 to 8

R B Glenn High
Public9 to 12

Smith Farm Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2607 Cole Road is a 3.3 ac of land for sale in Winston-Salem, NC 27107. This property was listed for sale on February 29, 2024 by Collective Realty LLC, it's currently listed at $119,995. It has been on the market for a total of 63 days and was last sold on July 5, 2012. This listing's school district is Winston Salem & Forsyth County School District. Nearby schools include Hall-Woodward Elementary, Philo Middle and R B Glenn High. 2607 Cole Road is a 0-bed, 0-bath, 3.3 ac of land on a 143,748 sq. ft. / 3.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Collective Realty LLC

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