Bought with Eastside Realty LLC
$1,178,450
$1,266,840
7.0%For more information regarding the value of a property, please contact us for a free consultation.
0 Lower River Road Sanford, NC 27330
46.92 Acres Lot
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
Lot Size 46.920 Acres
Acres 46.92
Property Sub-Type Unimproved Land
Source 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
View Y/N Yes
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
Schools
Elementary Schools Lee - Deep River
Middle Schools Lee - East Lee
High Schools Lee - Lee
Others
Senior Community No
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