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$1,980,000
Est. payment /mo
556.18 Acres Lot
UPDATED:
12/11/2024 09:14 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100479643
Originating Board Hive MLS
Lot Size 556.180 Acres
Acres 556.18
Property Description
This expansive 556.18-acre property, situated near the Pender and Bladen County line, offers significant potential for both recreational use and income generation. The tract features over a mile of road frontage on both sides of Hwy 210, providing ample access roads along with a well-established boundary and interior road system make it easy to navigate all areas of the property. It includes a mix of cleared farmland and young and mature longleaf pines, making it a versatile investment.
Approximately 69 acres of farmland are currently in production, offering immediate income through an existing lease. The property also includes 143 acres of 3-year-old longleaf pines, with the remaining 334 acres consisting of mature longleaf pines. The mature pines could provide immediate pine straw production, providing another income stream. Additionally, the younger pines will enter pine straw production in about 10 years, further enhancing the property's revenue potential.
This combination of agricultural and timberland resources along with recreational use makes the tract an attractive opportunity for those seeking a balanced investment with both short-term returns and long-term growth
Approximately 69 acres of farmland are currently in production, offering immediate income through an existing lease. The property also includes 143 acres of 3-year-old longleaf pines, with the remaining 334 acres consisting of mature longleaf pines. The mature pines could provide immediate pine straw production, providing another income stream. Additionally, the younger pines will enter pine straw production in about 10 years, further enhancing the property's revenue potential.
This combination of agricultural and timberland resources along with recreational use makes the tract an attractive opportunity for those seeking a balanced investment with both short-term returns and long-term growth
Location
State NC
County Pender
Community Not In Subdivision
Zoning FA
Direction Hwy 87 to Hwy 11, right on Hwy 210, property on right just past Bethel Church Rd. Across from 33498 NC 210 Hwy
Location Details Mainland
Rooms
Other Rooms None
Building
Lot Description Partially Cleared, Rural, Farm
Schools
Elementary Schools Rocky Point
High Schools Pender
Others
Tax ID 2244-88-1578-0000
Acceptable Financing 1031 Exchange, Farm Credit, Cash, Conventional
Listing Terms 1031 Exchange, Farm Credit, Cash, Conventional
Special Listing Condition None
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Listed by Hilton Auction & Realty, Inc
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