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0 Highway 481, Enfield, NC 27823

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For Sale
Sale Pending

$921,800

167.6 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Farm/Ranch
    Property type

  • 167.6 acres
    Lot size

Explore this Property

167.6± acre farm for sale in southern Halifax County, North Carolina. The farm features 74 acres of cropland, 7,560 feet of frontage along Highway 481 and Spell Branch Road, 46 acres of 21 year old timber, and 47 acres of 36 year old timber. The timber is comprised of mixed hardwoods and loblolly pine. The southern stand is nearing maturity, while the northern stand will mature in 20± years. The new buyer could harvest the timber immediately or allow it to mature. Several ATV paths provide access through the northern timber stand. The northern boundary is a stream with some flooded and semi-flooded areas, while another stream with some flooded land is near the southern boundary. A buried natural gas line travels through the property near the southern boundary and also near Highway 481/Spell Branch Road. The farm benefits from low property taxes through the Forestry/Agriculture Present Use Value program. This tax status can transfer to the new owner at closing, providing significant property tax savings. The farm includes a small watering hole and several old farm buildings. Located less than 2 miles to Interstate 95, 15 miles to the Rocky Mount area, 20 miles to Nashville, and 48 minutes to east Raleigh at I-540.
MLS# 10118795

Courtesy Of Carolina Forestry

(919) 510-4663

Property Features

  • Architecture Style
    Other
  • Lot Size
    167.6 Acres

Map and Directions

Directions to 0 Highway 481, Enfield, NC 27823

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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