Land for Auction in Winston-Salem, North Carolina

Discover an exceptional opportunity with this 54-acre parcel of land, perfectly positioned for residential development and zoned RS20 and RS9. Located along the thriving northern Highway 74 corridor in Winston-Salem, Forsyth County, this expansive property offers immense potential in a rapidly growing area. The generous size of the parcel allows for a variety of development options, making it an ideal canvas for your next residential project.

The property benefits from its proximity to major transportation corridors and existing utilities. With its location in the Carolina Core region, this land presents an attractive setting for creating a substantial residential community. Its position provides easy access to Highway 74 and is surrounded by ongoing commercial development, enhancing its appeal for future residents.

Current market conditions show high demand for housing in Winston-Salem, with median home values in the 27105 zip code up 7.9% year-over-year and median listing prices up 33.9%. This growth indicates strong potential for residential development in the area.

Buyer is responsible for all due diligence regarding the property. Lot size and zoning should be independently verified by the buyer. Previous farmstead on the lot is now vacant. Structures convey no value. NCDOT# 252798. This lot is a portion of a larger parcel with the GIS PIN 6848-25-3017.00.

Please note, this is an online Auction and buyers should be prepared for the bidding process. There is an additional Buyer Premium of 10% due in addition to the purchase price. The Buyer Premium payment is non-refundable. Parcel available for bidding on 07/30/24.

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.

Don't miss this rare opportunity to invest in a prime development property in one of North Carolina's most dynamic markets!