Beautiful Acreage In Greensboro City Limits
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Summary
Property
- Type
- Recreational Land, Residential Land, Timberland
- Road Frontage
- County Road
- Road Surface
- Pavement
Land Details
- Timber
Approximate Distances
4 mi | to Greensboro |
22 mi | to Burlington |
35 mi | to Winston-Salem |
76 mi | to Raleigh |
97 mi | to Charlotte |
Utilities
Electric: | Nearby |
Sewer: | Nearby |
Water: | Nearby |
Features/Improvements
- Creek/Spring
- Seller's Mineral Rights Convey
Description
Prime Potential Development Opportunity in Greensboro!
Explore an exceptional chance to invest in a 15-acre parcel located conveniently within the city limits of Greensboro. This property is tailor-made for builders, investors, and developers seeking to capitalize on an area ready for growth. With a variety of potential uses, this versatile land opens doors for expanding existing neighborhoods or crafting a brand-new subdivision.
The location of this property is a key advantage, providing easy access to local amenities and services. It benefits from existing access to city water and sewer, which is a significant plus for any potential development. The land features a mostly wooded landscape with a relatively flat topography, ensuring ease of construction. Additionally, a small stream gracefully meanders through the southern portion of the land, adding to its natural charm.
Accessibility is another strong feature, as the property has multiple access points from both Falconridge Road and October Lane, facilitating smooth entry and egress for future developments. However, it is important to note that the property is currently classified as contaminated and deemed hazardous. Mitigation efforts and remediation processes are actively being monitored, although the timeline for development remains undetermined. Investors should carefully weigh the associated risks against the promise of future rewards.
With a dedicated vision and the right development strategies, this land could truly be a home run for the right investor. For more details and to arrange your private showing, please reach out to Land Specialist Clay Mervar. Note that entry to the property should be accompanied by a licensed NC Real Estate Broker. Don’t miss out on this remarkable opportunity in the heart of Greensboro!
Details
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15+/- acres in Greensboro city limits
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Potential for future development
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Access off of Falconridge and October Ln
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Currently not buildable and deemed hazardous
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Mitigation efforts are in progress
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Timetable until the property is buildable is unknown
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Do Not Enter Property Without a Licensed NC Real Estate Agent
Other
Coordinates
36.1028, -79.7395
Annual Taxes
$4,166
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.