$420,000
For Sale

000 Greys Mill Road

Louisburg, NC 27549
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This prime 60-acre timber tract in Franklin County offers a lucrative opportunity for timber investors, hunting aficionados and outdoor recreation enthusiasts alike. Featuring a lush landscape of loblolly pines and hardwoods, this property is not only a potential source of substantial timber income but also a haven for wildlife and natural beauty. The land boasts a rich tapestry of timber in various growth stages, ensuring a continuous yield cycle for the discerning investor. Serene creek branches meander through the property adding to its biodiversity; creating an idyllic backdrop for hunting or simply enjoying the peacefulness of the great outdoors. Perfect for those seeking a dual-purpose investment, this tract allows one to generate income while indulging in passions for hunting and recreation. As a measure to preserve the integrity of the tract, the seller is committed to placing thoughtful land division and building restrictions on the deed at closing. See remarks for additional information on proposed deed restrictions. SHOWN BY APPOINTMENT ONLY. Please do not enter the property without being accompanied by a NC licensed real estate agent.

  • Property Details
      • Acres60
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Phone Available
      • Sewer InformationSeptic Needed, Perc Test Required
      • Utility SourceNeed Well
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • Middle SchoolFranklin - Terrell Lane
      • High SchoolFranklin - Louisburg
      • Elementary SchoolFranklin - Ed Best
      • CountyFranklin
      • ZoningAR
  • Financial Details
      • Taxes Annual$121
  • Other
      • MLS #10057867

Location

Noreen BarrettReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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