$288,000
Pending

4561 Lot 3 White Rock Road

Winston-Salem, NC 27105
Browse 24 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover an exceptional opportunity with this 51-acre parcel of land, perfectly positioned for residential development and zoned RS20 and RS9. Located along the thriving northern Highway 74 corridor in Winston-Salem, Forsyth County, this expansive property offers immense potential in a rapidly growing area. The generous size of the parcel allows for a variety of development options, making it an ideal canvas for your next residential project.
The property benefits from its proximity to major transportation corridors and existing utilities. With its location in the Carolina Core region, this land presents an attractive setting for creating a substantial residential community. Its position provides easy access to Highway 74 and is surrounded by ongoing commercial development, enhancing its appeal for future residents.
Current market conditions show high demand for housing in Winston-Salem, with median home values in the 27105 zip code up 7.9% year-over-year and median listing prices up 33.9%. This growth indicates strong potential for residential development in the area.
Buyer is responsible for all due diligence regarding the property. Lot size and zoning should be independently verified by the buyer. Previous farmstead on the lot is now vacant. Structures convey no value. NCDOT# 252798. This lot is a portion of a larger parcel with the GIS PIN 6848-25-3017.00.
Please note, this is an online Auction and buyers should be prepared for the bidding process. There is an additional Buyer Premium of 10% due in addition to the purchase price. The Buyer Premium payment is non-refundable. Parcel available for bidding on 07/30/24.
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 this rare opportunity to invest in a prime development property in one of North Carolina's most dynamic markets!

  • Property Details
      • Lot FeaturesIrregular Lot, Partially Cleared, Rolling Slope, Wooded, See Remarks
      • Lot DescriptionIrregular Lot, Partially Cleared, Rolling Slope, Wooded, See Remarks
    • Measurements
      • Acres51.89
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Sewer Not Available, Water Available, See Remarks
      • Sewer InformationSeptic Needed
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • Elementary SchoolWinston Salem Forsyth County Schools
      • Middle SchoolWinston Salem Forsyth County Schools
      • High SchoolWinston Salem Forsyth County Schools
      • CountyForsyth
      • ZoningRS9
  • Financial Details
      • Taxes Annual$2,121
  • Other
      • MLS #10041629

Location

Scott YalichReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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