525 Peden Street, Winston-Salem, NC 27105

$195,000
Active for Sale
1.68 Acres
 
Listing ID 55008027
Property Type Vacant Land
County Forsyth
Total Tax $118
Tax ID 6837425729000
FEMA Flood Map fema.gov/portal
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Prime Infill Development Opportunity - Ideal for Affordable Housing This 1.68-acre parcel on Peden Street presents a strong opportunity for builders and developers looking to meet the growing demand for affordable, efficient new construction housing in Winston-Salem. Currently zoned RS-7, the property offers potential for a 5-lot subdivision (subject to city approval) with approximately 300± feet of road frontage and access to nearby public utilities. The layout is well-suited for smaller, right-sized homes, making it an attractive option for builders targeting first-time homebuyers, downsizers, or workforce housing. With new construction homes in the area showing solid resale activity, this property offers a chance to deliver a product that aligns with today's market demand for attainable, lower-maintenance living. -Established residential area -Convenient access to shopping, dining, and major roadways -Strong potential for small-scale residential development Opportunities like this are limited -- bring your plans and vision. Buyer to verify zoning, subdivision potential, and utility access.
Land Details
  • 1.68 Acres
  • 73180 SF Lot
Exterior Features
  • Community Water
  • Community Septic
  • Subdivision: Not in a Subdivision
Taxes and Fees
  • $118 Total Tax
Listed By
eXp Realty
Office: 888-584-9431
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