Liquidity Services Brands
New Listing
124 Watson Rd, Norlina, NC 27563 — Investment opportunity. 3-bedroom, 2-bath home with 1,848 sq. ft.
$85,000.00 USD
Closes:
24d2h(Sep 16, 2025 02:35 PM UTC)
$1,000.00 USD
Bid IncrementSales/Lot Type:
Online Auction
Location:
Norlina, North Carolina, USASubject to an auto-extension of the auction end time.
Possible Bad Bid
The Minimum Bid is USD 85,000.00.
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Is this correct?
If this is correct, to continue select "Accept Bid."
If this is incorrect or you want to submit as a Max Auto Bid, select "Reject Bid."
Description
Lot#
28038-12
Condition
Used/See Description
Discover a promising investment opportunity at 124 Watson Rd, Norlina, NC 27563. This property offers 3 bedrooms, 2 bathrooms, and 1,848 sq. ft. of living space on a spacious 1.03-acre lot. Built in 1992, it includes a fireplace, central air conditioning, heating, well water, and a septic system, with the added possibility of connecting to city water.
The home is being sold AS-IS and does require work, but it carries strong potential for those looking to renovate or customize. With an estimated ARV of $200,000, it presents significant upside for investors. The property benefits from low annual taxes of approximately $621, and its location near US-1 and Henderson ensures both convenience and accessibility.Buyer will be responsible for removing squatters currently occupying the property.
Set in a peaceful rural environment, this property is ideal for those seeking either a quiet lifestyle or a profitable real estate investment.
Seller Information
Seller:
Item Location:
Account Type:
Commercial
Inspection
At the seller’s discretion, inspection may be permitted. Inspection is by appointment only. To request inspection, please click the “Ask a question” hyperlink, if available. If you have additional questions, please visit the FAQs
Payment
PAYMENT
If you are the winning bidder, you will facilitate payment by referring to the My Bids section of your account.Note:
1. Payment is due within 5 (five) business days of auction closure.
2. Any invoice $5,000 or above requires payment via wire transfer.
3. Depending on your history with GovDeals, you may be limited to the number of auctions/transactions that you can participate in simultaneously AND/OR the dollar amount that you can pay via credit card, debit card or PayPal. For additional insight, please visit the Probation FAQ.
SALES TAX
When applicable, sales tax is calculated based upon the auction’s advertised location.If you are seeking sales tax exemption, you must complete Liquidity Services’ tax exemption form(s). We recommend doing this prior to the auction’s closure or before making payment. To do so, please visit Liquidity Services' Tax Exemption Submission Tool.
Removal
***SHIPPING IS NOT AVAILABLE***
The buyer is responsible for all aspects of pick-up / removal, including but not limited to packing, loading, transportation and exporting. Note: Shipping is NOT available.
Removal is by appointment only. All items must be picked-up / removed within 10 (ten) business days from auction closure, unless otherwise stated in the asset description. If any item(s) is not removed within the allotted timeframe, the item(s) may be declared abandoned.
At the time of pick-up / removal, you will be required to present the seller with a copy of your Buyer’s Certificate and/or bill of sale, and potentially other documentation (e.g., copy of driver's license, Authorization of Release, etc). When making a removal appointment, please confirm with the seller what is needed to release the item(s).
Special Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with Liquidity Services WILL BE LOCKED.
Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.
Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.
Additional Information
First time bidding? Please review our Terms and Conditions.
For further assistance please review our Frequently Asked Questions.