Lender Owned - 4.36+/- Acres
Statesville, NC

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Property Location

N Center St and Race St
Statesville, NC 28677

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Property Information Package

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Property Number

FX1863

Property Type

Residential Real Estate -
Residential Development Lots and Land

Description

    We're pleased to offer 4.36+/- acres in the lovely Magnolia Glen community. Approved for residential development of single family homes and condominiums. This charming community has an active HOA in place and is conveniently located within walking distance to downtown Statesville, I-77 and I-40. Ready for your development experience.

    PROPERTY DOES NOT HAVE PUBLIC ACCESS. THE ACCESS ROADS ARE OWNED BY THE HOMEOWNER'S ASSOCIATION AND ANY FUTURE OWNER OF THIS PROPERTY WILL HAVE TO ARRANGE WITH HOMEOWNER'S ASSOCIATION FOR PERMANENT ACCESS AND ASSEMBLAGE IN THE HOMEOWNER’S ASSOCIATION.

    Statesville is nestled near I-77 and I-40. Thousands of people live and work in Downtown Statesville and many more visit downtown to shop, dine, conduct business, and take advantage of arts, entertainment & cultural opportunities. Home to more than 500 shops, restaurants, and businesses, Statesville offers an impressive collection of architecturally rich commercial and residential properties. Most of downtown was built around the turn of the century with buildings dating from 1860 to 1930. Statesville is proud to be the home of the City and County offices, Statesville Civic Center, Mitchell Community College, Iredell County Public Library, Iredell Museums, Iredell Arts Council, and multiple historic sites. For more information please visit: https://www.downtownstatesvillenc.org/explore?tab=1

      FX1858-63 FX1861-63  

NCAF4953

Directions

I-40 to exit 150, South on Hwy 115/N Center St to Right on Race Street. Right into The Glen. Property on left, right and ahead.

Terms and Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact David Barnhardt at 704-806-3131 or dbarnhardt@tranzon.com.  All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the FAQ-Frequently Asked Questions.

Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: Successful bidders will be required to place a deposit equal to 10% of the purchase price within 48 hours of auctions end.
Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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