BUSINESS

Surplus Real Property (Land)

Periodically, Lenoir County acquires real property (land) through foreclosure process. Once it has been determined that the property is of no use to the county for its functions, the property then becomes “surplus” and is available for the public to bid on.

It is up to the bidder to investigate the property for all liens, judgments, taxes, or other encumbrances. It is also the responsibility of the bidder to verify the property with regard to size, zoning, and development potential to see if the land is suitable for building on, to the extent that the bidder is satisfied and understands what is being acquired. All properties are sold “as is” and all sales must be approved by the Board of County Commissioners. The County of Lenoir may, at any time, reject any or all offers.

Submitting an Initial Offer

An initial offer or an upset bid for county-owned property must be submitted in writing. It is encouraged that offers be submitted on the County’s Offer to Purchase County Owned Surplus Land form (PDF).

All offers must be in writing. The minimum offer amount for surplus real property acquired through foreclosure must be in an amount that meets or exceeds the County’s bid at the foreclosure sale plus costs incurred by the County post-sale related to the property or the current tax value, whichever is less. See attached “Surplus Land Listing” for minimum offer amounts. All written offers must be accompanied by a 5% bid deposit or $300.00 whichever is greater. The bid deposit shall be in the form of a personal check, cashier’s check, money order or certified bank check payable to “Lenoir County.”

• LC Written Offer to Purchase Form

The written offer should be mailed or hand delivered to:
County Manager’s Office
Lenoir County
130 S Queen Street
Kinston, NC 28501

Offer Status

The Purchasing Staff will contact the Offeror with the status of their offer.

Methods of Sale

In accordance with NC.G.S 160A, Lenoir County may dispose of real property utilizing certain methods.

Surplus Land Listing

• There are currently no listings available.