A One-Of- A-Kind Investment Property With Potential In Central NC

Description

PRICE IMPROVEMENT!! This investment property boasts three unique income-producing opportunities for its owner: 1) Transmission Tower Lease Income, 2) Future Timber Harvest Income, and 3) Residential and/or Commercial Development Income. Currently, monthly income is being produced thru a transferable Mobile Phone Transmission Tower Land Lease. The access & right of way easement and the 100ftx100ft tower footprint are in the Northwest corner of the property and do not affect the future use or development of the property. The tract was clear-cut in 2014 and replanted (by hand) in Loblolly Pines. The 4yr old Pine Plantation is thick and the trees seem to be growing well and free of disease & infestation. If managed properly, the stand is approximately 15 years from its first income-producing harvest. The local area is growing. The location of this property is attractive for residential or commercial development, providing another source of income production. The terrain gently slopes North to South from Moore’s Chapel Cemetery Road to Mary’s Creek, and from West and East to the center of the property. In this area, there is an intermittent stream that flows North to South, depositing into Mary’s Creek, as well as a couple fingers of drainage. Mary’s Creek flows along the properties border from West to East and there is approximately 7-acres of flood plain located on the property along the creek (see maps for details). The cover provided by the clear-cut have Whitetail Deer and other wildlife calling this place home and provides good hunting opportunities. A graveled road off the highway provides access to the old timber loading deck, which makes for a good parking area for hunters and land management equipment. From there, the lightly maintained logging roads allow ATV/vehicle access thru the property. Very few properties have this much income-producing opportunities and should be considered by buyers who desire immediate (and future) return on their investment. If this property interests you, contact me today for a private showing and more information about how this property could potentially pay for itself!

Property Details

  • Located 10 miles southeast of Graham & Burlington; 12 miles south of Mebane; 17 miles northwest of Pittsboro; 15 miles northeast of Liberty; and 16 miles west of Chapel Hill
  • Location offers easy access to the Graham, Burlington, and Pittsboro areas, as well as Cedar Rock Park and the Haw River recreational attractions
  • Road frontage offers several potential homesites (subject to soil tests) for either an individual or developer
  • Location lends itself to Commercial Development opportunities
  • The Transmission Tower Land lease provides immediate income
  • Mary's creek along the southern border provides for wildlife and adds value to the land
  • The planted pines seem to be growing great and may provide future income for a landowner
  • Logging roads and trails offer access thru the property
  • Whitetail deer hunting opportunities
  • Low county taxes
  • Basic utilities are available in this area, including 4G-LTE (verizon confirmed)

South NC Highway 87, Lot#WP01
Graham, North Carolina 27253