Ideal for development! This 0.8-acre lot offers mostly cleared, level terrain and is zoned RM8 for multifamily residential use, making it a perfect opportunity for investing or developing. Located immediately north of University Parkway and I-74, the property offers convenient access to major highways, ensuring quick commutes and access to amenities. With water and power readily available, this lot is development-ready. Buyer is responsible for all due diligence regarding the property. Lot size is not guaranteed and should be verified independently by the buyer. GIS# 6829-16-5248.00 NCDOT# 260948. Please note, this is an online Auction. Buyers should be prepared for the bidding process. There is an additional Buyer Premium of 10% or $350, whichever is greater, due in addition to the purchase price. The Buyer Premium payment is non-refundable. This property is owned by NCDOT and they reserve the right to unilaterally back out of the sale at any time up until the deed has been recorded. The title will be transferred via QuitClaim Deed. Don't miss out on this rare chance to secure a valuable asset!
MLS# | 10053300 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Pending |
Days On Site | 118 |
Listing Provided By | Carolina Land Experts | Reynolds Mcfarlane |
Zoning | RM8 |
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Acreage | 0.81 |
Property View | Yes |
State | NC |
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County | Forsyth |
City | Rural Hall |
Zip Code | 27045 |
Area | Forsyth |
Community Name | Not in a Subdivision |
School District | Winston Salem Forsyth County Sch |
Elementary School | Winston Salem Forsyth County Sch |
Middle School | Winston Salem Forsyth County Sch |
High School | Winston Salem Forsyth County Sch |
Listing VS Median (in Not in a Subdivision) | |
Price: $32,000 low | high Med: $315,000 On Site: 118 low | high Med: 151.500000 |