NCDOT Cleveland County Properties

INSPECTION
At Buyers Leisure and Liability

PROPERTY DESCRIPTION

NCDOT ASSET 96128

Location: 1280 Fallston Rd, Shelby NC 

Cleveland County

PIN 2547895909

Book/Page 14K/881

.36+/- Acres 

Recent Appraisal of $18,500.00 (See report in documents)

Tax Assessed Value $11,289.00

Zoning / Land Use Code Shelby R20

Class A Property*

NCDOT ASSET 209265

Location: 909 Polkville Rd, Shelby NC 

Cleveland County

PIN 2538304778

Book/Page 1495/1669

1.23+/- Acres 

Tax Assessed Value $29,167.00

Zoning / Land Use Code Shelby R20

Class B Property*

NCDOT ASSET 154701

Location: Between E US 74 Bypass and Bobby Blanton Rd

Cleveland County

PIN 2517441181

Book/Page 1630/0074

10.31+/- Acres 

Tax Assessed Value $27,723

Zoning / Land Use Code County Residential

Class B Property*

NCDOT ASSET 150924

Location: South side of E US 74 Bypass (near Plato Lee Rd)

Cleveland County

PIN 2517967723

Book/Page 1615/1313

3.98+/- Acres 

Tax Assessed Value $22,124.00

Zoning / Land Use Code County Residential

Class B Property*

NCDOT ASSET 154704

Location: North side of W US 74 Bypass (W Dixon Blvd) East of Peachtree Rd Intersection

Cleveland County

PIN 2507434892

Book/Page 1628/0098

1.33+/- Acres 

Tax Assessed Value $10,907.00

Zoning / Land Use Code County Residential

Class B Property*

NCDOT ASSET 166190

Location: Westlee St, Lattimore NC 

Cleveland County

PIN 2507947012

Book/Page 1648/1673

1.26+/- Acres 

Tax Assessed Value $5,195.00

Zoning / Land Use Code County Residential

Class B Property*

NCDOT ASSET 166516

Location: Westlee St & Old West Trail, Lattimore NC 

Cleveland County

PIN 2507846592

Book/Page 1648/1678

.24+/- Acres 

Tax Assessed Value $2,130.00

Zoning / Land Use Code County Residential

Class C Property*

NCDOT ASSET 147792

Location: South side of E US 74 Bypass

Cleveland County

PIN 2517559041

Book/Page 1609/2108

.38+/- Acres 

Tax Assessed Value $1,689.00

Zoning / Land Use Code County Residential

Class B Property*

NCDOT ASSET 1477931

Location: North side of W Dixon Blvd near Westlee St

Cleveland County

PIN 2517023412

Book/Page 1608/1701

.39+/- Acres 

Tax Assessed Value $7,979.00

Zoning / Land Use Code County Residential

Class B Property*

NCDOT ASSET 150927

Location: Coopers Corner

Cleveland County

PIN 2507324761 (Par ID 61814)

Book/Page 1617/1564

.062+/- Acres 

Tax Assessed Value $544.00

Zoning / Land Use Code County Residential

Class C Property*

NCDOT ASSET 150928

Location: McBrayer Homestead Rd

Cleveland County

PIN 2507327624

Book/Page 1617/1564

.013+/- Acres 

Tax Assessed Value $70.00

Zoning / Land Use Code County Residential

Class C Property*

Auction is Subject to 10 Day Upset Bid Period after auction conclusion, Upset Bids require 5% or greater raise of bid, 10 Day Upset Expires June 20 @ 4 PM.

All bids Subject to NCDOT approval of highest bid after 10 Day Upset period ends.

NCDOT Property Closings are performed through the office of the NC Attorney General and are at the timing and discretion of the NC Attorney General. Closings are cash transactions not contingent upon buyer financing, properties can take 6 months or longer to close.

10% Earnest Money Deposit Required after NCDOT approval of high bid.

10% Buyer Premium

*NCDOT properties are classified Class A, Class B, Class C:

Class A – A property (i) whose size and road access are sufficient to allow commercial or residential development of one or more stand-alone projects without requiring the acquisition of additional real property and (ii) whose size and shape appear sufficient to allow compliance with applicable or proposed zoning and development standards for parking, setbacks, side and front yard requirements, and access.

Class B – A property (i) that does not meet the definition of a Class A property, but still may have significant value and (ii) that would enhance the value of adjacent land by allowing larger or more extensive uses when joined to the adjacent land.

Class C – A property that does not meet the definition of a Class A or Class B property and due to size or lack of access will be of interest mostly to an adjoining owner.

AUCTION MANAGER
Chris Crawford
ccrawford@ironhorseauction.com
919.935.1974

All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property.