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508 Arlington St., Greensboro, NC

Greensboro, North CarolinaListed by Greensboro CitylandCell Tower

Listing description

What the seller provided

Cell Tower — city-owned property in Greensboro, NC (S. Elm Street), offered for sale to the public by the City Owned Property. 21,147 sq ft lot (0.49 acres). Zoned CD-CB. $90,0000 Combined Cost With 124 E. Gate City Blvd & 508 Arlington St. Subject to Development Agreement. Acquired by the city 2007-06-27. The city sets the price by program and property. See the official "Lots of Opportunity" portal to apply to purchase.

How this sale works

Land bank or city-owned property sale

A public land bank or city agency is disposing of property it already holds, usually acquired through tax foreclosure. Prices are set or negotiated rather than auctioned.

  • Many programs sell by application or fixed price and may require a rehab plan, owner-occupancy or a deadline to build.
  • Title is generally cleared by the land bank, which is a major advantage over a tax sale.
  • Expect program eligibility rules, and sometimes a preference for neighbors, nonprofits or first-time buyers.

How to buy government surplus land and lots →

General information, not legal advice. The official sale notice controls.

Research this property

Look it up before you bid

The public notice gives an address and a date. These outside tools fill in what it does not.

Record details

Lot size
21,147.3 sq ft
Acres
0.49 acres
Zoning
CD-CB
Neighborhood
S. Elm Street
Tax ID
0001147
Legal description
EDEVELOPMENT COMMISSION OF GREENSBORO
Notes
$90,0000 COMBINED COST WITH 124 E. GATE CITY BLVD & 508 ARLINGTON ST
Street address
508 Arlington St.
Deed book / page
006747 / 00094
Acquisition date
Jun 26, 2007
Condemned
No
Current use
Cell Tower
Owner agency
City Owned Property
Restrictions
Yes
Sale terms
Subject to Development Agreement

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