Tate Road, Reidsville, NC 27320

$349,000

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List Price
$349,000
MLS#
1230186
Status
ACTIVE
Type
Land
Subtype
Agriculture
Lot Size
4,017,974

Property Description

*PROPERTY IS LANDLOCKED W/NO RECORDED EASEMENTS OR ACCESS* Great investment potential, hunting, timber, Forestry report available from 2025. Per report "most of the woodland on the tract is made up of 13 year old loblolly pine that originated from a timber harvest. A commercial thinning will be needed in approximately 5 to 10 years which could yield approximately $34,000 and a final harvest in approximately 20 years could yield approximately $185,000". NO SIGNS AT PROPERTY AND NO SHOWINGS DUE TO LACK OF ACCESS. Buyer is responsible for all due diligence regarding gaining access. Property is currently in Forestry Tax Deferment program which reflects low tax amount. PROOF OF FUNDS WITH CASH OFFERS

Additional Information

Acres
92.24
Land Description
Land Locked - No Easement, See Remarks, Rural, Wooded
Lot Description
Land Locked - No Easement, See Remarks, Rural, Wooded
Lot Size
4,017,974
Sewer
None
Show Street Address
Yes
Water
None

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Front Porch Realty. Contact: