Investment Farm With Timber Ready To Cut Near Walstonburg NC

Description

!! PRICE REDUCED!! Have you been searching for a farm that could pay you to own it!!!  We have located it for you.  This farm has a total of $127,500 in timber value that is ready to cut.  You could buy the farm and start making money on the day of closing.  Not to mention it has 13+/- acres of tillable farm ground currently renting for $1,170.00 annually and a hunting lease that yields $790.00 annually.  Both these rates are well below the average in the area and could immediately be raised to yield a higher income immediately upon closing.  There are several areas on the farm that could be used as home sites and there are already trails in place allowing easy access throughout the farm by horseback or ATV. If you are a hunter, there is wildlife sign all over the farm.  While on the farm today, I located multiple bear tracts and observed hundreds of deer tracks in the farm fields. Located just minutes outside the city of Farmville, this farm is convenient to town, amenities, stores, and restaurants.  Not to mention it is just over an hour from Raleigh and minutes from Greenville and the coast. $12,000 is the current timber value for this +/- 43 acres (about $275 per acre more or less). The +/- 43 acres of 8 year old, superior quality pines have little merchantable value now due to their size, but if managed using sound forest management, have the potential to increase harvest revenues by an additional 30-40%. Don’t wait on this one, the seller will sell in two parcels or as a whole.  Call us today!!!

Property Details

  • $127,500 in current 40-year-old timber
  • Annual income from farm fields and hunting lease
  • Ample road frontage
  • Tons of wildlife including bear, deer and turkeys
  • Shooting lanes and trails in place
  • 3 phase power at the road
  • Convenient to Farmville, Greenville and Raleigh
  • 1 +/- hour from the beach
  • Multiple possible homesites
  • $12,000 is the current timber value for this +/- 43 acres (about $275 per acre more or less).
  • The +/- 43 acres of 8 year old, superior quality pines have little merchantable value now due to their size, but if managed using sound forest management, have the potential to increase harvest revenues by an additional 30-40%

Cupelo Road, Lot#WP02
Walstonburg, North Carolina 27888