Bought with Carolina Forestry & Realty
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TBD NC 96 Highway Franklinton, NC 27525
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Key Details
Sold Price $1,300,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2501506
Sold Date 04/25/23
Lot Size 217.000 Acres
Acres 217.0
Property Sub-Type Unimproved Land
Source Triangle MLS
Property Description
Prime timber investment opportunity. Recently thinned in 2022. Approximately 25+/- acres still needs to be thinned. This tract has substantial timber value now and will increase significantly in the future. Timber consists primarily of 25 – 35 year old pine. There are stands of hardwood, including bottomland hardwoods along the streams and upland oak stands. There are scattered stands of significantly older timber as well. All of this timber will increase significantly in value over the next 10+ years as more of it grows into larger sawtimber size class.
Location
State NC
County Granville
Direction From Hwy 56 and Hwy 96 intersection, go north 1.1 miles to property beginning on right, adjacent to Banks United Methodist Church 2632 Hwy 96. Continue 0.3 miles further to a gated entrance.
Exterior
Utilities Available Electricity Available, Phone Available
View Y/N Yes
Present Use Vacant
Street Surface Paved
Private Pool No
Building
Lot Description Flood Plains, Level, Rolling Slope, Sloped
Faces From Hwy 56 and Hwy 96 intersection, go north 1.1 miles to property beginning on right, adjacent to Banks United Methodist Church 2632 Hwy 96. Continue 0.3 miles further to a gated entrance.
Sewer Septic Needed
Water Need Well
Schools
Elementary Schools Granville - Tar River
Middle Schools Granville - Butner/Stem Middle
High Schools Granville - Granville Central
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