Investment Farm With Timber Ready To Cut Near Walstonburg NC
SOLD
County
GreeneAcreage
157.91 ±SOLD
County
GreeneAcreage
157.91 ±Address
Cupelo Road, Lot#WP02
Walstonburg, NC 27888
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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!!!
Sold Property
For more information or to see additional properties currently for sale see Scott Hicks's listings.Property Listing
Type
Recreational Land, Timberland, Hunting Land
Road Frontage
County Road



























































Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.