Incredible 10.26-Acre Development Opportunity – Approved for 67 Units! Seize the chance to develop one of the most exciting multi-phase projects in the area! This expansive 10.26-acre parcel is currently zoned RS-30, with rezoning to RM-8 well underway and expected by Q2 this year – opening the door for 67 approved residential units across three thoughtfully planned phases. Phase 1 includes 18 units, Phase 2 adds 25 units, and Phase 3 completes the community with 24 units, providing a flexible and scalable path to profitability. With strong demand for multi-family and high-density residential living, this site is perfectly positioned to deliver immediate and long-term returns for builders, developers, or investors. Located in a rapidly growing corridor with easy access to major roads, schools, and local amenities, this property is a rare find in today’s competitive market! Don’t miss your opportunity to bring a vibrant residential community to life! Approvals are in motion!
459 days
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56
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2
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Zillow last checked:
Listing updated:
Listed by:
Dion Foulks704-904-9441,
NorthGroup Real Estate
Source: Triad MLS,MLS#: 1181288
Facts & features
Interior
Features
Has basement: No
Has fireplace: No
Property
Lot
Size: 10.26 Acres
Details
Parcel number: 0125989
Zoning: RM-8
Special conditions: Owner Sale
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Unimproved Land
Community & HOA
HOA
Has HOA: No
Location
Region: Greensboro
Financial & listing details
Tax assessed value: $177,500
Annual tax amount: $1,581
Date on market: 5/15/2025
Cumulative days on market: 175 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,1031 Exchange,Fannie Mae,Federal Land Bank,FHA,LA/Escal,LA/Fixed,LA/Qual,Other