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304 N Scientific St 1.52 Acres of Residential Land Offered at $495,000 in Jamestown, NC 27282

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INVESTMENT HIGHLIGHTS

  • 1.52 ac Corner lot in close proximity to Exit at New Jamestown Parkway connecting High Point and Greensboro
  • Great location
  • Corner location

EXECUTIVE SUMMARY

Existing income producing.
Immediately near to Greensboro High Point Rd Improvement Project SR 1486-4121 connecting SW GSO-Jamestown-High Point now completed known as the Jamestown Parkway creating a vital traffic artery. This package presents an exciting development opportunity.
Add additional units and income and possibly even townhomes, apartments or duplexes unless otherwise zoned..
There is also an extra building lot, and one house that can be renovated or replaced for additional income.
Jamestown on average allows 6 Units per acre so it may be possible to have 9 residential units on this property.

PROPERTY FACTS

Price $495,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 1.52 AC
Zoning RM-8 - Proposed use: Residential, multi-family

1 LOT AVAILABLE

Lot

Price $495,000
Price Per AC $325,657.89
Lot Size 1.52 AC

Existing income. Apartment Complex, Townhomes, ETC Great location! Package deal: 302, 304, 306 N Scientific & 101, 103 Kearns St (7811-864132,4244,3115,2261,4148) 5 parcels total 1.52ac Corner lots with road frontage 2 streets. For sale at $495,000.

DESCRIPTION

5 parcels composing 1.52 acres in proximity to an exit of the Greensboro High Point Rd Improvement Project SR 1486-4121 connecting SW GSO-Jamestown-High Point. This attractive corner site in proximity to both commercial and residential units, with new Jamestown Parkway traffic pattern now completed and a vital artery, is an excellent candidate for a new commercial development project. Parcels located only yards from exit/off and on access lanes of the new 4 lane highway known as the Jamestown Parkway which conveniently serves as a key route connecting the towns of High Point and Greensboro, bypassing congestion and thus providing a quicker and more efficient way to travel between them. Adjoining new housing development now complete with roadside landscaping. Property located in Guilford County in nice historic Jamestown with decorative city sign post etc. Currently there are 4 SFR that are tenant occupied and producing $3,200.00 in rental income. Aerial photos shown were taken before the large adjoining development was complete that has since been completed and attractively landscaped including along roadside. Facility across from property is also nicely landscaped. ***********NOT looking for a listing agent. Buyers Agent 5%, NO listing agents, thank you! *************

  • Listing ID: 37882532

  • Date on Market: 3/4/2021

  • Last Updated:

  • Address: 304 N Scientific St, Jamestown, NC 27282

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