Tate Road, Reidsville, NC 27320

$349,000

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List Price
$349,000
Status
ACTIVE
Days on Market
1
MLS#
1230186
Lot Size
4,017,974
Acres
92.24

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.

Additional Information

Zoning
RA

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Calculator source: Real Geeks

Listing courtesy of Front Porch Realty. Contact: