111ac Old River Road
Burgaw, NC 28425

Description

Acreage tract for sale in coastal NC between Burgaw and Rocky Point. Conveniently located near Interstate 40, Hwy 117, and Hwy 53, you can be in Onslow, Brunswick, or New Hanover counties in no time! With over 2400 feet of road frontage on a state maintained, paved road, this property has no special flood hazard area currently or on the preliminary maps, and there was no issue with water related to Florence. Morgan Cove Plantation is a residential subdivision directly across the street, and this tract is zoned Rural Agricultural, so there is development potential there for residential homes. Seller may consider owner financing and may do a 1031 exchange. There is about 50 acres of timber, including some pine stands up to 50 years old, owner says. Some thinning was done about 10 years ago, but there is still some value there. Sod being farmed on approx. 60 acres with crop lease, and there are no creeks, streams, or branches known on this parcel. Call a Realtor who understands land for more information today!

Details

MLS#100152479
Sub-TypeResale
StatusActive
Days On Site108

Features

ZoningRA
Acreage111.82

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Area Information

StateNC
CountyPender
CityBurgaw
Zip Code28425
AreaPender
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$750,000
low | high
Med:
$145,000
100% of Average
On Site:
108
low | high
Med:
470
22.978723404255% of Average
Listing Updated: 06/15/2019
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