raleigh auction:
https://realestatesales.gov/gsaauctions/aucdsclnk?sl=PEACH419002001
https://realestatesales.gov/gsaauctions/aucdsclnk?sl=PEACH419002001
That could be a fun property and it does have access via White Birch Lane or a thin strip off Falls Tower Drive. It is in the middle a of a NICE subdivision and you’d have 5 acres not subject to the HOA! I bet the Army Corp of Engineers has had a bunch of grief about the tower, property appearance and such from the snotty HOA people ... it be great to buy and then lease to Verizon, Sprint, AT&T or other to build a new cell tower
I don't think you can landlock a piece of property in NC. You might have to go to court to find out who would have to give you access.
And my understanding is that surrounding property owners do not have to allow access to it. There is 15 acres that are landlocked behind my cousins 38 acres and folks that were looking to buy the landlocked property wanted my cousin to GIVE them a right of way so they could build on it. It would have been 60' wide x about 1800' long, nearly 2.5 acres, and he politely refused. The land owners that had shorter access to the landlocked property also refused.Honestly, with all due respect, property can easily be landlocked in NC. I have just experienced it when I was attempting to purchase some land in Greensboro.
It was landlocked and I really felt bad for the seller and his family. It was a sweet piece of land that I had to walk away from after 55 days of my 60 days due diligence.
We have some land with the same problem. Land Locked. The access that had been used for 50+ years was sold recently. The new owner blocked the roadHonestly, with all due respect, property can easily be landlocked in NC. I have just experienced it when I was attempting to purchase some land in Greensboro.
It was landlocked and I really felt bad for the seller and his family. It was a sweet piece of land that I had to walk away from after 55 days of my 60 days due diligence.
It has electric service and underground propane tank to fuel the emergency power generator.
Must be some US Govt easement to get the tank filled and the meter reading (now smartmeter) and keep the grass cut.
Did not see anything on the maps.
https://maps.raleighnc.gov/imaps/?pin=1800102847
https://www.google.com/maps/place/F...bba3f284054479!8m2!3d35.9277111!4d-78.5881925
As long as they can obtain access to the private White Birch Lane, was gravel now appears to be paved as of 2013 google map.That land is a steal at that price and location. Someone will buy it and development it into 5-10 lots and make a couple million...
Found a home we really liked east of Sanford. Similar situation killed the deal. The lot next to it was empty and for sale with a large land locked lot behind it as a package. The house and the lot each had a 30’ easement for accessing the back lot. As it was a package with the empty front lot, there was no reason for the house lotbto have an easement. Landowner C, a petty tyrant democrat county commissioner, refused to remove the easement which would have wiped out the trees on the lot and part of the driveway were it to be used. Walked away from that deal.Property seller A has a piece of land he wants to sell. Property buyer B is interested and starts the purchase process.
Property seller A's land has a narrow strip of land owned by Property owner C that is dividing Property seller A's 6 acre property he's attempting to sell.
Exactly!When buying real estate, i.e. land, a house, buildings, etc..... it's a "Buyer Beware" world.
When a buyer gets deep into the due diligence period, if he/she is methodical and patient, all kinds of deal breaker scenarios can present themselves no matter how appealing the property looks in appearance.
I've been there three times already this year and I'm working on my third attempt at buying some land with my signed purchase agreement arriving tomorrow at the title company.
Hopefully this time will be the proverbial "third time's the charm".