Property Description:

This expansive 0.5-acre wooded lot at 1545 Antioch Dr in Conover, NC offers investors a rare opportunity to build or develop in a flourishing market. Asking just $40,000, it's positioned perfectly for a high-return project—whether you’re building a custom home or adding to your portfolio with a spec build. With city water already available, you’ll just need to install a septic system, making it cost-effective and flexible. Demand in Conover remains strong, with median sold home prices around $320K—so envision the profit potential here!

Property Highlights:

0.5-acre wooded lot—private, scenic, and versatile

City water ready; buyer to install septic system

Asking Price: $40,000 – priced for investor ROI

Nearby Schools & Amenities:

Banoak Elementary

Jacobs Fork Middle All within a few miles

Easy access to downtown Conover, shopping, dining, and I-40/I-85 corridors

Financial Overview:

Buy Now Price: $44,999.00

After Build Value (ABV): $300,000–$350,000 (comparable recent sales)

Property Specs & Condition:

Lot Size: 0.5?acre (~21,780?sqft), wooded and private

Utilities: City water available; septic required

Zoning: Residential (single-family build)

Comparable Sales:

1542 Antioch Drive

3/2.5 2197sqft

Year built 2022 on MLS

Sold for $399K

1636 Samaria Lane

3/2 1624sqft

Year built 1999 

Sold for $385K

This is a standout opportunity for investors looking to capitalize on Conover’s growth. Bring your plans and let’s lock in this lot. We’re ready to guide you through due diligence and closing. Submit your offer today!