$490,500
For Sale

4561 Lot 1 White Rock Road

Winston-Salem, NC 27105
128.00 acres | #10053350
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We are excited to offer an exceptional opportunity with a unique assemblage of parcels spanning approximately 128 acres in Winston-Salem. This expansive property provides a rare chance for developers and investors to capitalize on the area's growth.
This collection of parcels presents an unparalleled opportunity to develop in one of North Carolina's most dynamic regions. The land's substantial size and favorable zoning (RS20 and RS9) make it suitable for a wide range of residential projects, from single-family homes to potential mixed-use communities. The proximity to urban amenities coupled with the tranquility of a vast landholding offers the best of both worlds.
Properties of this size and strategic location are increasingly rare in today's market. Whether you're an experienced developer or an astute investor, this offering presents a remarkable opportunity that should not be missed.
The property comprises five parcels sold together, identified as GIS#s 6848-16-3934.00, 6848-16-6946.00, 6848-26-0556.00, 6848-26-6948.00 and a portion of 6848-25-3017.00. NCDOT# 252796 and 261424 (use 252796 for bidding)
Buyer is responsible for all due diligence regarding the property. Street access and lot size are not guaranteed and should be verified independently by the buyer. Blue-line stream and approximately 24 acres of floodplain present. A well is needed at present but there is public water along Davis Rd, Phelps Dr, Three Hills Dr, and Jackson View Rd.
Please note, this is an online Auction. Buyers should be prepared for the bidding process. There is an additional Buyer Premium Payment 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.

  • Property Details
      • Lot FeaturesFlood Plains, Irregular Lot, Pond on Lot, Rolling Slope, Wooded, See Remarks
      • Lot DescriptionFlood Plains, Irregular Lot, Pond on Lot, Rolling Slope, Wooded, See Remarks
    • Measurements
      • Acres128
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Sewer Not Available, See Remarks
      • Utility SourceSee Remarks, Need Well
      • Sewer InformationSeptic Needed
  • 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
      • ZoningRS20
  • Financial Details
      • Taxes Annual$4,851
  • Other
      • MLS #10053350

Location

Tarra Jenkins Medley | EDGE RealtyReal Estate Group
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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
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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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