FOR IMMEDIATE RELEASE              

FINAL FORECLOSURE AUCTION DATE SET: Thursday, October 4, 11 a.m., on the front steps of the Davidson County Courthouse, 110 W. Center St., Lexington, NC!  A FORECLOSURE AUCTION forces the sale of 188± lakefront acres with approximately 3 miles of water frontage on High Rock Lake in Davidson County, NC!

The beautiful setting is pastoral, yet accessible -- only about five minutes from I-85 at Exit 86, approximately 50 minutes north of Charlotte, and 25 miles south of Winston-Salem, NC.  Buyers of discriminating taste with an interest in waterfront property will be impressed with this serene setting. 

Whether you wish you'd purchased three miles of frontage on Lake Norman 25 years ago and would like an opportunity to make up for it, or whether you see the excellent residential development potential, or would instead like to create your own fishing and hunting playground, this is a rare opportunity indeed.

* Excellent residential development potential -- or create your own fishing and hunting playground

* Pastoral, yet accessible setting -- only 5± minutes from I-85 at Exit 86, approximately 50 minutes north of Charlotte and 25 miles south of Winston-Salem

* Preliminary plat approval by Davidson County for 60 waterfront residential lots (property zoned RA-2)

"The combination of a sizable tract of lakefront land with breathtaking waterfront and natural views presents an opportunity for buyers.  The Foreclosure auction just adds more excitement to the sale since the public auction process allows the true market value of the property to come forth," said Bill Londrey, a partner at Tranzon Fox. 

Tranzon Fox, headquartered in Virginia Beach, VA, (NCAF4953) is a full-service real estate auction company and a member company of Tranzon, L.L.C., which is based in Richmond, Va.  Founded in 2001, Tranzon L.L.C. has 14 independently owned and operated member auction companies that collectively have more than 20 offices coast-to-coast.  The professionals working at Tranzon member companies specialize in providing real estate, business asset and liquidation auction and accelerated marketing services to corporations, financial institutions, trustees, individuals and estates throughout the U.S. 

Interested bidders may contact Bill Londrey at 877-355-2251 or with auction questions at Billauctionquestions@tranzon.com. For a complete listing of the auction, log on to www.tranzon.com