For Sale
For Sale
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Overview
Property entrance about 1 mile off Hwy 64. Located just over 8 miles from downtown Pittsboro and 11 miles from the heart of Siler City. 409 acres located just outside the heart of Pittsboro. Priced at $5,500 per acre. The land is currently in the present use value tax deferral program for forestland and also carries a gaming lease. The land is partially cleared but has been replanted and there's plenty of valuable forest close to maturity and ready for clearing. Excellent investment for timber values, contact broker to discuss recent valuations. Given the fast growth of Pittsboro and introduction of Chatham Park, this land also carries great potential as future residential development among other uses. Property entrance about 1 mile off Hwy 64. Located just over 8 miles from downtown Pittsboro and 11 miles from the heart of Siler City.
Property Details
Property entrance about 1 mile off Hwy 64. Located just over 8 miles from downtown Pittsboro and 11 miles from the heart of Siler City. 409 acres located just outside the heart of Pittsboro. Priced at $5,500 per acre. The land is currently in the present use value tax deferral program for forestland and also carries a gaming lease. The land is partially cleared but has been replanted and there's plenty of valuable forest close to maturity and ready for clearing. Excellent investment for timber values, contact broker to discuss recent valuations. Given the fast growth of Pittsboro and introduction of Chatham Park, this land also carries great potential as future residential development among other uses. Property entrance about 1 mile off Hwy 64. Located just over 8 miles from downtown Pittsboro and 11 miles from the heart of Siler City.
- Property TypeLand
- Sale Price$2,249,500
- Total Acres409.48
- Sale StatusAvailable
- Last updatedDec 04, 2018
- Property ID2056894