Vacant Lot for Sale in Kannapolis Nc

Description

Property Brief – 137 Beaumont Ave, Kannapolis, NC 28083
List Price: TBD – Based on CMA & Auction Strategy
Type: Single-Family Residential Lot (Verify existing structure)
Lot Size: ~0.76 acres (~33,158 sq ft)
Zoning: R 4 (Single Family Residential, Cabarrus County)
APN / Parcel ID: 56233892240000 (Cabarrus GIS)
Assessed Value 2024: $73,130
Tax Value 2023: $36,000
Estimated Market Range: $160,000 – $190,000
Owner: N. N. Wilson (heir)
Property Highlights
– Large 0.76-acre parcel—one of the biggest in the neighborhood.
– R 4 zoning allows single-family development; potential for subdivision (verify with city/county).
– Significant assessed value increase from 2023 to 2024 reflects market momentum.
– Possible estate/heir property—ideal for quick settlement via auction.
– Proximity to downtown Kannapolis, schools, and I 85 access.
Location & Lifestyle
– Minutes to Atrium Health Ballpark, Village Park, and downtown dining/shopping.
– Quiet residential area with established community.
– Easy access to major routes for Charlotte and Concord commutes.Rare, nearly three quarter acre Kannapolis parcel—ready for a custom home or subdivision. Ideal for builders,
investors, or homeowners seeking space and convenience. Auction offers a transparent, competitive way to
purchase. **Auction Method**: This property will be sold via public auction, subject to seller confirmation.
**Registration**: All bidders must register prior to auction and provide proof of funds or pre-approval letter.
**Deposit**: Winning bidder to deposit 10% of purchase price or $5,000 minimum, whichever is greater, in
certified funds at contract signing.
**Closing**: Closing to occur within 30 days of auction date unless otherwise agreed in writing. **Buyer’s Premium**: [Insert %] added to high bid to determine contract purchase price. **Condition**: Property sold “as is, where is” with no contingencies for financing, inspection, or appraisal. **Disclosures**: Buyer responsible for all due diligence prior to bidding; no warranties expressed or implied.**Default**: Failure to close will result in forfeiture of deposit as liquidated damages.
**Agency**: Auctioneer represents the seller exclusively.
**Approval**: Sale subject to seller’s confirmation and acceptance of final bid.