🔥 1206 Lineberry St, Ramseur, NC. Randolph County. 0.70 acres of residential land with city water & sewer already in place. Prior house burned down — lot is ready for your vision. Comparable lots in the area are selling at $44K–$70K. Priced at $40K. 🔥
💰 Asking: $40,000 | Comp Average: ~$52,000
🏠 Property Details
| Type | Vacant Land |
| County | Randolph County, NC |
| Zoning | Residential RA-20 |
| Lot Size | 0.70 acres |
| PIN | 8702-71-5063 |
| Utilities | ✅ City Water & Sewer |
| Closing Date | April 20, 2026 |
| Closing Attorney | Hankin Pack Law |
🔧 Lot Notes
🚨 STRUCTURE ON LOT: A burned-down house (3/1, 1,410 sq ft, built 1922) remains on the property and will need to be demolished and removed. This is priced into the ask — buyer is responsible for demo/removal post-closing.
City water and sewer are already connected, which is a significant advantage over comparable raw land in the area. Zoning is RA-20 residential — build new or place a manufactured home. The previous structure was a 3-bedroom, giving you a proven residential footprint to work with.
📊 Comparable Land Sales
| Address | Acreage | Sale Price | Notes |
|---|---|---|---|
| 321 Coleridge Rd, Ramseur | 1.02 acres | $70,000 | Sold |
| 0 Oak St, Ramseur | 1.40 acres | $50,000 | Sold |
| Weatherly St, Ramseur | 0.52 acres | $45,000 | Sold |
| 0 Rising Sun Way Lot 7, Franklinville | 0.34 acres | $44,000 | Sold |
| Comp Average | ~$52,000 | ||
| 🏷️ Our Price | 0.70 acres | $40,000 | City Water & Sewer In |
💡 Every comp in this set is raw land. Our subject has city water & sewer already connected — a meaningful premium over comparable vacant lots — and is still priced at the low end of the range.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- $495 transaction fee payable to Bright Home Offer LLC
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.