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2607 Cole Road, Winston Salem, NC 27107
$139,995
2607 Cole Road, Winston Salem, NC 27107View this property at 2607 Cole Road, Winston Salem, NC 27107
2607 Cole RoadWinston SalemNC27107
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Property 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 demand, limited supply, and compressed cap rates on existing inventory. City water and sewer located at the road.
Full Property Details
Full Property Details for 2607 Cole Rd
General
- Price: $139,995
- Taxes: $1,155
- Status: Active
- Type: Lots/Land
- MLS ID: 1134586
- Updated: 4/16/2024
- Added to Site: 58 day(s) ago
Location
- County: Forsyth
- Driving Directions: TRAVEL EAST ON WAUGHTOWN TURN RIGHT ON COLE ROAD PROPERTY ON LEFT JUST AFTER PASSING OVER I-40
Lot Features
- Lot Size (Acres): 3.3
- Lot Dimensions: 140 x 961 x 36 x 183 x 218 x 307 x 345
Financial Considerations
- Price Per Acre: $42,422.7273
- Tax Amount: $1,155
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Deed Restrictions: Yes
Listed by Collective Realty LLC
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Schools
Schools serving 2607 Cole Rd
School District:Winston-Salem/ Forsyth County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
125 Nicholson Rd, Winston Salem, NC 27107 | PK-5 | 1 mi | |
410 Haverhill St, Winston Salem, NC 27127 | 6-8 | 4 mi | |
1600 Union Cross Rd, Kernersville, NC 27284 | 9-12 | 3.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2607 Cole Rd
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$139,995
-24.32%
MLS
2/29/2024
Listed
$184,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2607 Cole Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,177
4%
$87,900
—
2021
$1,134
-2%
$87,900
—
2022
$1,155
2%
$87,900
10%
2021
$1,134
2%
$79,900
—
2019
$1,111
5%
$79,900
—
2018
$1,055
—
$79,900
—
2017
$1,055
—
$79,900
—
2016
$1,051
1%
$79,900
—
2015
$1,036
3%
$79,900
—
2014
$1,004
1%
$79,900
—
2013
$996
—
$79,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2607 Cole Rd
2607 Cole Road, Winston Salem, NC 27107 (MLS# 1134586) is a Lots/Land property with a lot size of 3.3 acres. 2607 Cole Road is currently listed for $139,995 and was received on February 29, 2024. Want to learn more about 2607 Cole Road? Do you have questions about finding other Lots/Land real estate for sale in Winston Salem? You can browse all Winston Salem real estate or contact a Coldwell Banker agent to request more information.