(LAND) NEW CONSTRUCTION OPPORTUNITY TO SUBDIVIDE & BUILD SFR'S or DUPLEX'S (LINCOLNTON, 28092)

ASKING PRICE: $30,700

DUPLEX NEW BUILD SALES PRICE: $400,000
SFR NEW BUILD SALES PRICE: $315,000

• Key Features:

  • Lot Size: 0.65 acres
  • Road Frontage: 204 feet
  • Zoning: R-8, meeting minimum lot dimensions for subdivision
  • Development Options: Build two single-family homes or duplexes
  • Utilities: Access to city water and sewage on the lot
  • Topography: Relatively flat, ideal for construction
  • Location: Corner lot with paved road frontages

  Additional Benefits:

  • Flood Zone: While a portion of the lot is in a flood zone, it is confined to the back portion, leaving ample space for building structures free from flood risk.
  • Accessibility: Conveniently located with easy access to major roads, schools, shopping, and other amenities.
• Access to Water & Sewer
• Lot Size: 0.65 acres (28,449 sqft)
• Zoning: R-8
• Minimum Building Req Per Lot:
  • Lot Size: 6,000 Sqft (sfr); 12,000 Sqft (duplex)
  • Frontage: 70ft (sfr); 80ft (duplex)
  • Set Backs: 30ft Front, 10ft Sides, 25ft Rear

COMPS:

DUPLEX:

• 1110/1112 Lincoln St, SOLD $420,000 6bd / 5ba 2,681 Sqft

SFR:

• 220 Jonas Dr, SOLD $374,900 3bd / 2ba 1,515 Sqft
• 216 Jonas Dr, SOLD $359,900 3bd / 2ba 1,552 Sqft
• 1089 Redleaf Trl, SOLD $290,000 3bd / 2ba 1,300 Sqft

*CLICK HERE TO SUBMIT OFFER*

Contact for all info & offers!

704-741-2044

Juli@zeres.capital

Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.

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Submitting your offer

Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.

All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.

After the offer is accepted, the contract must be signed and EMD must be received within 5 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $2,500. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.

All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.

Basic Terms

For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.

Wholesalers and Real Estate Agents

You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers, please add your fee on top of our offering price when marketing to clients. Real estate agents, we are offering a 2.5% commission. To discuss further, please contact us.

*CLICK HERE TO SUBMIT OFFER*