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Major Real Estate Auction Set for 58 Acres of Prime Triad Area North Carolina Land on Dec 12th; Property Idealy Situated on Business I-85 in Jamestown

Jamestown, North Carolina (PRWEB) October 22, 2007 -- Wrennovation Development, LLC directs this one time only 4th quarter sale of 58 +/- acres of prime North Carolina land with 3140 feet of Business I-85 frontage, passing substantial savings on to new ownership. The property is located in Jamestown, NC just outside of High Point in the heart of North Carolina's Triad area, across from Furnitureland South, the world's largest home furnishings showplace with over one million square feet of space and thousands of visitors per year.

Jason Dolph of Chartwell Auctions, stated, "With the allure of this central North Carolina location and the desperate need for development to sustain the amount of activity in the immediate area, new ownership is sure to prosper. With a reserve under $17,200 an acre, acquiring this property just makes since no matter what your use may be."

Originally conceived for a multi-use retail and hospitality complex to fill a current void left next to such a heavily visited location in the state, an abundance of planning and due diligence material has already been compiled. Bidder information packets available through Chartwell Auctions include a current site plan and engineered concept plan for review, 2007 environmental phase 1 report, recent soil testing analysis, and a detailed traffic analysis report saving new ownership thousands of dollars.

The auction will be held at the Hampton Inn Greensboro Airport Hotel, located at 7803 National Service Rd., Greensboro, NC 27409 on Wednesday, December 12, 2007 at 1:00 P.M. Registration begins at 12:00 P.M.

For a free color brochure on the December 12th Real Estate Auction with Terms of Sale you can call Jason Dolph with Chartwell Auctions at 704-831-8983. Who wants to pay a retail price for real estate, when they can buy on a wholesale basis at auction?

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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