(LAND) HDR-ZONED INFILL LOT NEXT TO NEW CONSTRUCTION! (BURLINGTON, NC 27215)
ASKING PRICE: $27,300
SFR POST CONSTRUCTION VALUE: $ 271,000
Location
- Prime infill lot just 5 minutes from downtown Burlington.
- Convenient access to city amenities, major roadways & public transit.
Zoning & Development
- Zoned HDR (High-Density Residential)
- Survey complete & Included in sale (Boswell Surveyors)
Utilities & Infrastructure
- City water, sewer & electric access at road frontage.
- Water Tap Fee: $2,500; Water System Development Fee: $684
- Sewer Tap Fee: $2,800; Sewer System Development Fee: $1,406
Lot Features
- Paved road frontage
- Used to have SFR on property
- Current Conditions: Wooded, Slope: 5-7%
- Environmental: NO restrictions or Floodzone
- Lot Size: 0.18 acres (7,840 sqft)
- Lot Width: 49.93′
- Zoning: HDR
- Min. Building Requirements:
- Lot Size: 6,000 Sqft
- Frontage: 50′
- Set Backs: Front: 25′, Sides: 8.5′ & 10′, Rear: 25′
COMPS:
SFR’s
- 1303 Whitsett St, SOLD $275,000 3bd / 2.5ba 1,432 sqft (built 2025)
- 309 Stokes St, SOLD $269,000 3bd / 2ba 1,490 sqft (built 2024)
- 1307 Whitsett St, SOLD $269,000 3bd / 2ba 1,370 sqft (built 2024)
*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 8 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $5,000. 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.