(LAND) RESIDENTIAL NEW CONSTRUCTION OPPORTUNITY! (GRAHAM, 27253)
ASKING PRICE: $27,300
SFR POST CONSTRUCTION VALUE: $248,000
Location
- Situated within the jurisdiction of the City of Graham, NC
- Ideally positioned 5 minutes from downtown Graham
- Also located 5 minutes from downtown Burlington
Zoning & Development
- In the process of completing rezoning to R-7, which allows for the development of either a Single-Family Residence (SFR) or a Duplex*
- Buildable lot of record as long as zoning setbacks are met
- This property falls under the City of Graham for zoning and the City of Burlington for utilities.
Utilities & Infrastructure
- Access to public water and sewer lines on lot frontage
- Water tap fee: $2,500; Water system dev. fee: $684
- Sewer tap fee: $2,800; Sewer system dev. fee: $1,406
- Gravel road frontage
- Survey completed and Included*
Lot Features & Condition
- Wooded lot with flat topography, suitable for development
- Lot Size: 0.19 acres (8,276 Sqft)
- Zoning: Rezoning in process to R-7
- Min. Building Requirements:
- Lot Size: 7,000 Sqft
- Frontage: Non-conforming lot of record
- Set Backs: 20′ Front , 5′ Sides, 20′ Back
COMPS:
NEW BUILD SFR’s:
- 602 Pomeroy St, Graham SOLD $240,000 3bd / 2ba 1,227 sqft
- 309 Stokes St, Burlington SOLD $269,000 3bd / 2ba 1,490 sqft
- 807 Staley St, Graham SOLD $234,500 3bd / 2ba 1,080 sqft
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-741-2044
Kristie@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 and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.