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4870 Robinhood Rd - Sunshine Village Development Site | 349 Units

44.3 Acres of Residential Land Offered at $7,000,000 in Winston-Salem, NC 27106

Investment Highlights

  • Located in the Piedmont-Triad, a region poised for significant growth driven by the Carolina CORE and 421 Corridor development.
  • Water service from Robinhood Rd and sewer lines running across the property for easy utility connections.
  • 44.3 acres on Robinhood Rd in Winston-Salem, NC, zoned RM-8 with an approved site plan for 349 residential units.
  • Surrounded by residential neighborhoods with high demand and 10,000+ daily traffic counts on Robinhood Rd and Meadowlark Dr.
  • Close to West Edge Shopping Center and major infrastructure supporting regional growth.
  • Upscale shopping options, including The Village at Robinhood (featuring Harris Teeter, Walgreens, and Stoked Woodfire Pub), are within 1 mile.

Executive Summary

Positioned in the thriving Piedmont-Triad region, this site is primed to capitalize on North Carolina's projected 10% population growth over the next decade. As part of the Carolina CORE and 421 Corridor, the property sits within a hotbed of economic and residential expansion. The surrounding community continues to grow, supported by retail hubs like the West Edge Shopping Center and major employers. With its location, amenities, and approved development plans, this property is uniquely positioned to meet the region's increasing demand for quality housing options.

Property Facts

Price $7,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 44.30 AC

1 Lot Available

Lot

Price $7,000,000
Price Per AC $158,014
Lot Size 44.30 AC

This 44.3-acre property at 4870 Robinhood Rd in Winston-Salem, NC, is zoned RM-8, making it an excellent opportunity for development. With water and sewer access readily available, the site is well-suited for a variety of projects.

Description

This 44.3-acre property at 4870 Robinhood Rd in Winston-Salem, NC, offers development opportunity with RM-8 zoning and an approved site plan for 349 units. The site benefits from water service directly from Robinhood Rd and sewer connections running across the property, streamlining utility setup. Its strategic location is surrounded by established residential neighborhoods and boasts high visibility with 10,000+ daily traffic counts along Robinhood Rd and Meadowlark Dr. Recreational and retail amenities enrich the area, with The Village at Robinhood upscale shopping center and Robinhood Trail within 1 mile and 0.5 miles, respectively. A new Publix grocery store under construction nearby highlights the area's ongoing growth and desirability.

zoning

Zoning Code RM-8
RM-8
  • Listing ID: 33967803

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 4870 Robinhood Rd, Winston-Salem, NC 27106

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