Investor Opportunity: 0.76-Acre Residential Lot with City Utilities

Parcel Size: 0.76 acre Land Use Type: Residential Frontage Access: Paved Road GPS Coordinates: 36.0223, -79.8905 Water Provider: City of Greensboro Water Sewer Provider: City of Greensboro Sewer Electricity Provider: Duke Energy (verify connection at property) Flood Zone/Wetlands Info: Not in a designated FEMA flood zone (buyer to verify) Property Features: This 0.76-acre parcel in the heart of Greensboro offers a fantastic opportunity for investors or builders. Zoned for residential development (likely RS-12 or similar buyer to confirm with city), this lot features paved road access, proximity to utilities, and a convenient central location near shopping, schools, and parks. The Triad areas strong real estate market adds significant value for long-term holding or immediate development. No HOA restrictions mean greater flexibility in building your ideal project. Ideal Investment Strategy: Residential Development (single-family home) Long-Term Investment Hold Vacation or Short-Term Rental Development Comparable Sales: Comp 1: Address: 4318 McConnell Rd, Greensboro, NC 27405 Lot Size: 0.79 acre Sold Price: $120,000 Sold Date: January 2025 Features: Paved road, near utilities, residential zoning Comp 2: Address: 3109 Randleman Rd, Greensboro, NC 27406 Lot Size: 0.68 acre Sold Price: $110,000 Sold Date: December 2024 Features: Public utilities available, paved access Comp 3: Address: 5804 Gate City Blvd, Greensboro, NC 27407 Lot Size: 0.85 acre Sold Price: $125,000 Sold Date: February 2025 Features: Near commercial growth corridor, paved access, city utilities Approximate Dimensions: 120 ft x 275 ft (approximate buyer to verify) Legal Description: Lot 16 BLK B Fairview Acres (buyer to verify full legal) City: Greensboro Zip Code: 27407 GPS Center Coordinates: 36.0223, -79.8905 Elevation: ~860 ft Access to Property: Paved Public Road Zoning: Likely RS-12 (confirm with City of Greensboro Planning Department) Property Use Code: Residential Terrain: Level, cleared Tax Amount: ~$790 annually (buyer to confirm) HOA: None Additional Information: Is the property buildable? Yes, pending standard building permits (buyer to confirm with city) Are there any restrictions regarding building on the property? Standard residential building codes apply; confirm with city zoning Is the property in a flood zone area? No (per FEMA maps; verify during due diligence) Wetland/Water bodies info: None known Is there a Percolation record on file for the specific lot? Public sewer available, perc test not required County Operator Details Who Confirmed the Information: Guilford County Planning Department (336) 641-3334 Prime investment opportunity in Greensboro! This 0.76-acre residential lot offers paved road access, city water and sewer availability, and is perfectly positioned near major amenities. Zoned for residential use, this cleared and level lot is ideal for a new single-family build or a savvy long-term investment. Greensboros fast-growing Triad region ensures strong future value. No HOA restrictions mean you have full flexibility to design your project. Owner financing availableseize this real estate investment opportunity today!