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4115 Corbin Rd, Greensboro, NC, 27405

--beds
--baths
0sqft
$1,000,000
--price/sqft
$7,046/moest. monthly cost
$281,840/yrincome needed

About This Home

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!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

5/10
4/10

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Unimproved Land

Property

Details

  • Parcel number: 0125989
  • Zoning: RM-8
  • Special condition: Owner Sale

Lot

  • Lot size: 10.26 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters in Guilford County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,056$60,672
Home Insurance *$453$5,436
Property Taxes $1,337$16,044
Electricity $200$2,405
Total$7,046$84,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,577/yr
40% on housing$211,380/yr
45% on housing$187,893/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27405$143
Guilford County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27405$161
Guilford County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-22Listed for sale$1,000,000
2025-10-09Pending sale$1,000,000
2025-05-19Listed for sale$1,000,000
2007-05-07Sold$153,000

For Sale by Agent

AgentDion Foulks
BrokerageNorthGroup Real Estate

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