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SOLD - $29,990 for 4 Lots, 15.45 Acres (Burlington, NC)

 

PROPERTY DESCRIPTION

4 LOTS for the savvy business owner! Located in the county of Alamance, get prime location for your new residential venture! Find yourself in the middle of a quiet community where you and your family can live peacefully.

This property is located at Glen Raven, Burlington NC 27217, and is conveniently placed conveniently near the highway I-40 (6.5 miles) which is only 13 minutes away by car. You can also reach Elon University as quick as a 6-minute drive since it’s only 3 miles away via Routh Road and Shallowford Church Road.

If you plan on creating your own business, build apartments in all four lots since they are all zoned for Multifamily Apartments.

 

PROPERTY DETAILS

CASH PRICE: $29,990.00

FINANCING AVAILABLE: Yes

FINANCING TERMS: Sell Price: $24,999: $7,000 Down 5 Years @ 7% Interest $388.41 Per Month

Includes Monthly Property Tax Fee $12.01 = Processing Fee = $20.00

ACREAGE: Total Acreage of 4 Lots: 15.45 (8.06, 3.1, 3.8, and 0.49)

STATE: North Carolina

CITY: Burlington

COUNTY: Alamance County

LATITUDE/LONGITUDE: 36.1308811212907,-79.4719001012846 | 36.1304069924294,-79.470068997162 | 36.1321039603141,-79.4703140357303 | 36.1376597714118,-79.4652758597955

Google coordinates: http://tiny.cc/ng7jjz | http://tiny.cc/wh7jjz | http://tiny.cc/dj7jjz | http://tiny.cc/wk7jjz

ASSESSOR'S PARCEL NUMBER: 126949, 127142, 127152, 127413

TAX ASSESSED VALUE: $42,722.00

ANNUAL PROPERTY TAXES: $299.04

ZONING: MDR (Medium Density Residential)

Please confirm with the County Planning and Zoning Department at 336-570-4052, 336-222-5000, or jlea@burlingtonnc.gov.

SETBACK REQUIREMENTS: For Single Family Residential – 30 feet street setback, 10 feet at the sides, and 25 feet at the rear.

For Multifamily Building – 25 feet street setback, 10 feet at the sides, and 25 feet at the rear.

Please confirm with the County Planning and Zoning Department at 336-570-4052, 336-222-5000, or jlea@burlingtonnc.gov.

ACCESS TO PUBLIC WATER: Yes

ACCESS TO PUBLIC SEWER: Yes

TRAILER PERMITTED: No

RV PARKING PERMITTED: No

ROAD FRONTAGE: Yes

PHYSICAL ACCESS: Yes

TESTS AND SURVEYS: No Recent Soil Test, Perk Test or Survey has been conducted on this property. Any and all such tests will have to be done at Buyer's expense.

 

PROPERTY VISIT

We are a real estate investment company. We buy and sell land throughout the state of NC and VA. We do not meet buyers at our vacant land locations.

We encourage all buyers to visit and walk the land at their convenience to make sure the land suits their needs.

Copy and paste GPS coordinates into Google Maps in order to find directions

to the property from your location: 36.1308811212907,-79.4719001012846 | 36.1304069924294,-79.470068997162 | 36.1321039603141,-79.4703140357303 | 36.1376597714118,-79.4652758597955

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