2607 COLE RD

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2607 COLE RD

WINSTON-SALEM, NC 27107
Asking Price
$349K
Asset Type
Commercial Land
Class
Class B

What's Special

Development Opportunity, I-74/I-40 <p><span style="color: rgba(0, 51, 51, 1)">3.13 +/- AC with direct access to I-74 & I-40</span></p><p><span style="color: rgba(0, 51, 51, 1)">Zoning: LO </span><em style="color: rgba(0, 51, 51, 1)">(Limited Office)</em></p><p><span style="color: rgba(0, 51, 51, 1)">Initial Site plans have potential for multi-family, townhomes or 13,200 SF office building.</span></p><p><span style="color: rgba(0, 51, 51, 1)">Owner financing option available</span></p><p><span style="color: rgba(0, 51, 51, 1)">Pu

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NOI
$80,000
Cap Rate
22.92%
DSCR
3.86
Strong
Cash-on-Cash
56.62%
Monthly Payment
$1,726.662
Annual Cash Flow
$59,280.061

Location & Travel Times