Wingate, NC 28174,409 Old Williams RD
$1,800,000
$2,340,000
23.1%
Est.Price: ?

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117 Acres Lot

409 Old Williams RD Wingate, NC 28174

Est. payment /mo
SOLD DATE : 03/12/2024

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Key Details

Sold Price $1,800,000

Property Type Vacant Land

Sub Type Acreage

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3739056

Sold Date 03/12/24

Lot Size 117.000 Acres

Acres 117.0

Property Description

DEVEKOPERS ! WINGATE SOUTH SIDE OF BYPASS IN CITY LESS THAN 1 MILE TO UNIVERSITY AND MAIN STREET/ DOWNTOWN AREA OVERLAY !. 117 ACRES +/- Which fronts Old Williams Road on one side and dead ends at Bypass 1800+/- Road Frontage , and Maye street on other side , 710+/- Road Frontage . Site provides 2 access points for development in this desirable area. 3 parcels , 09049001, 09049003, and 09049004 . These parcels are considered in the comprehensive plan to be village residential and outer village property. They support residential development of medium City Water and Sewer . Currently R-20 .Town wants higher end mixed residential product and will not allow super high density home builders with an entry level market product . Last 3 buyers have all tried to buck the Towns desires and have not been approved .Developers with a better product, mixed use plan will be allowed leeway in the density requirements .

Location

State NC

County Union

Zoning R-20

Exterior

Garage false

Building

Sewer Public Sewer

Water City

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Construction Perm Loan, Conventional, Exchange

Listing Terms Cash, Construction Perm Loan, Conventional, Exchange

Special Listing Condition None

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Listed by Judi Kerestan • Kerestan Realty • jkerestan@windstream.net
Bought with Judson Stringfellow • Tulocay Properties LLC

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Thomas ONeil

Broker | License ID: 294288

+1(404) 372-4018

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