0 Lower River Road, Sanford, NC 27330 – 2498228 - Donna Matessa

Listed by Arborland Realty, LLC
Bought with Eastside Realty LLC

$1,178,450

$1,266,840

7.0%

Est.Price: ?

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Est. payment -/mo

SOLD DATE : 09/08/2023

Key Details

Sold Price $1,178,450

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 2498228

Sold Date 09/08/23

Originating Board Triangle MLS

Property Description

Located just 15 mi SW of US 1/I-540 interchange, less than 3 mi W of Vinfast Manufacturing US, LLC, 1 mi NE of Raleigh Executive Jetport, less than 2 mi SW of Moncure and with 2600' of road frontage; this property offers a wide range of possibilities. Current zoning is Rural Agricultural with 1 ac min lot size. Residential development potential, plus close proximity to the Seaboard Coastline Railroad & Heavy Industrial zoned parcels (other side of RR) brick & aggregate mining nearby, plus may have gas deposits. Currently growing a well-managed 36 year-old Loblolly pine plantation which has been thinned twice. Last thinning was conducted in 2022. Before the thinning, there was a wildfire that killed approximately 1.5 acres of trees. These were cut and sold during the last thinning. 1 mi from exit 78 US Hwy 1. List price based on 46.92 ac @ $27,000/ac.

Location

State NC

County Lee

Zoning RA

Direction US 1 S from Raleigh, take exit 78 and turn east on Deep River Rd. Take the next right onto Lower Moncure Rd. Continue on Lower Moncure road for 3/4 of a mile and turn left onto Lower River Rd. The first property on the left is the Dixon Tract.

Exterior

Utilities Available Cable Available, Electricity Available

Present Use Timber,Vacant

Private Pool No

Building

Lot Description Level

Faces US 1 S from Raleigh, take exit 78 and turn east on Deep River Rd. Take the next right onto Lower Moncure Rd. Continue on Lower Moncure road for 3/4 of a mile and turn left onto Lower River Rd. The first property on the left is the Dixon Tract.

Water Need Well