$1,150,000
Pending

1395 Hwy 58 South

Kinston, NC 28501
171.82 acres | #10053137
Browse 52 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

171.82 Acres of Multi-Use Farm Land For Sale in Lenoir County, NC! Take a look at this beautiful tract of land located in Lenoir County, just outside of Kinston on Highway 58! This property features thousands of feet of road frontage! There is roughly 1,655 feet of frontage along Highway 58, 2,520 feet along Elijah Loftin Road, and another 1,000 feet along Whaley Road. In regards to the farmland, it's well drained and ideal for many types of agricultural crops. There are several soil types present on the property. Goldsboro soils (GoA) consist of roughly 32% of the soils present. Lynchburg Soils (Ly) make up another 31% of the soils, and Rains Sandy Loam (Ra) make up 19% of the soils. The remainder of the soil types consist of various types of Norfolk Sandy Loams.
None of the property is encompassed in the FEMA 100 or 500 year floodplain. The only wetland areas present are the drainage ditches and canals that cut through the farmland and ensure the soils are well drained. The elevation is at approximately 70 feet above sea level and is level throughout the entirety of the property. While this property consists of primarily prime farmland, there are three sections of timber. There is a 8 acre homesite that boats beautiful century-old mature oak trees, a 6 acre block of timber on Whaley Road, and 3.65 acres of pines along the NE boundary of the property.
From this property, you are only 10 minutes from Kinston, 30 minutes from New Bern, 15 minutes from Trenton, and less than one hour from Emerald Isle. Southwood Elementary School is less than a half mile from the property. While this property features frontage on Highway 58, you are in close proximity to Highway 70 and Highway 258, making accessing the property an ease from anywhere.
This is the perfect property to add to your investment portfolio. In addition to the continuation of row crop agriculture usage, there is potential for commercial zoning and development, as well as conservation easement enrollment, and residential development. There aren't many properties that check the boxes for a property offering such diverse potential usages!

  • Property Details
      • Lot FeaturesAgricultural, Few Trees, Hardwood Trees, See Remarks
      • Lot DescriptionAgricultural, Few Trees, Hardwood Trees, See Remarks
    • Measurements
      • Acres171.82
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationUnknown, Other
      • Utility SourceSee Remarks
      • Utility FeaturesSee Remarks
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • Elementary SchoolLenoir County Public Schools
      • Middle SchoolLenoir County Public Schools
      • High SchoolLenoir County Public Schools
      • CountyLenoir
  • Financial Details
      • Taxes Annual$2,725
  • Other
      • MLS #10053137

Location

Noreen BarrettReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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.

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Loan Amount
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