Property Description

Investor - Smart Buyer Alert ...CLOSE to town West of Wilson at Vanderbilt Beach Rd extension. WOW! Timing is everything: 2.5 Acres priced below recent neighbors' lot $300k +- sales...Patience may save you a bit of your hard-earned cash. Price today at $ 179k for 2.5 acres for future development, requires investment of +-+50k for .30 mitigation credits to build equals only $ 229k & your investment may earn your $50,000 in equity on your land value. How & Why?? Other lots sold for $262k-$300k ...If you buy 481 14th Ave NW for $179k and add the $50k investment for mitigation credits, you will have invested only about $229k, while others are paying $300k+. You win because the senior seller lacks the time or energy to complete the six-month to year-long process required to win in the long run. PS: There is an opportunity to purchase multiple lots on the same street 2.5, 2.27, 5 & even 15 acres joined together. Perfect for your family to live close by, invest together or for an active builder project. Possible seller financing.