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USTD Mixed-Use Land in Knightdale, NC (ID #17739)
Current bid:
Time left: Closed
Auction starts: 1/29/2013 10:00:00 AM
Auction ends: 1/29/2013 4:00:00 PM
Starting bid: 200000
Reserve: Not Met
Bid increment: USD 1000.00
Bid Deposit: 25000.00
Overtime Period: 10 mins
Seller: U.S. Treasury
Bidding has now closed

IRS-CI logoU.S. Department of the Treasury in conjunction with IRS-CI - Seized Vacant Land

Address: Bethlehem Road & Crosstie Street, Knightdale, NC 27545

Open House Dates: Drive by during daylight hours

Property Information:

Utilities: Electricity, Gas, Water, Sewer

2008 Annual County Taxes: $6,089.47 ±

Parcel Number: 01754115470

Total Site Area: 19.5 ± acres

Zoning: NMX/Neighborhood Mixed Use

County: Wake

Description: Mixed-Use Land:19.5 ± acres on Crosstie Street near Bethlehem road and 1st Avenue. There is 1,250 ± feet of frontage along Crosstie Street and Plowlan Court. Public utilities of electric, gas, water, sewer, underground electric, and telephone service the area. It is bounded by an active railroad to the southeast, and residential neighborhoods to the southwest and north. Schools, parks, shopping, and major employers of Raleigh and the Research Triangle Park are a short commute. SPECIAL CONDITION: Buyer acknowledges and agrees that a development fee to the Town of Knightdale will be required before any connection to or other use of Crosstie Street will be allowed. The Town Council will determine the amount collected after reviewing the cost of roadway design and construction across the property. Payment amount will be allocated on a front footage basis against developed real property abutting the road-way improvement. See auction details below for further information.

Flyer: Download Flyer for more information.

Auction Details: View auction details for bidding requirements and more photos.

Register to Bid: Go to Register and create an account.

Bid Deposit: A $25,000 bid deposit is required to bid. U.S. funds only. Deposits must be in the form of a cashier’s check and made payable to CWS Marketing Group, Inc. The completed Bid Deposit Form and deposit should be mailed to: CWS, 10374 Battleview Parkway, Manassas VA, 20109, attn: E. Connolly. The deposit is due no later than 5:00 p.m. EST on Jan 28, 2013.

10% Deposit: The high bidder will have 3 business days to make the deposit 10% less the original $25,000.

Closing: Closing will be held within 30 calendar days of the date the Government signs the sales contract.

Auction Overtime: Overtime bidding occurs automatically when a bid is placed within the last 5 minutes of an auction.

Terms & Conditions: It is the Buyer's responsibility to understand and comply with the complete Terms and Conditions of the sale.

Questions: Call 703-273-7373 or email

Technical Assistance: Contact us at with any technical questions about the online bidding process. CWS accepts no responsibility for loss of connectivity, technical difficulties, or any other circumstances beyond our control.

The property is being sold in "As-Is" condition with all faults. The Seller has disclosed all known defects and makes no warranties or guarantees either expressed or implied.


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cashier's check

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