719 Baker Rd r1, High Point, NC 27263, USA

$19,900

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LAND LOCK FREE MULTIFAMILY LOT IN HIGH POINT NORTH CAROLINA


-Location: High Point, NC 27263 (near Fairfield Rd & Baker Rd)
-Parcel ID (Current): 0195813 (Guilford County)
-Parcel ID (Former/Alternate): 7719137522-000 → county sometimes references this instead of the updated ID
-Lot Size: 0.69 acres (30,056 sq ft)
-Zoning: RM-16 → supports up to ~11 units (subject to site plan approval)
-Planning Note: Road extension to Fairfield Rd required before development (per City of High Point)
-County Assessed Value: $20,000 (discounted due to access issue)
-Carrying Cost: Taxes only $82.68/year (great hold until built on)
-Condition: Wooded, undeveloped; utilities nearby but not tied in
-Title: Clean – no liens or easements
-Closing: Certified Title Corporation, in partnership with an NC closing attorney
-Asking Price: $19,900 OBO – Cash Buyers Only – Close in 2 weeks or less 
-Market Value Context (for Buyer Consideration):
-Discounted (current access issue): $25K–$32K
-Base case (road & utilities handled): $35K–$45K
-Optimized (developer-ready RM-16 site): $50K–$65K+


Asking $19,900- price negotiable- positioned well below comparable RM-16 lots in High Point, creating strong potential for builder or developer upside.


If you're are interested or have questions, please let me know directly. I can provide next steps as needed for a quick close

 

Disclaimer:
Golden Key Empire LLC is the contract holder on this property. This is a wholesale transaction. We are assigning our equitable interest in the contract to the end buyer. Closing will be conducted by Certified Title Corporation in partnership with a North Carolina closing attorney.

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