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!