Residential Land For Sale

Picture of Residential Land For Sale in Sanford, North Carolina, United States

$1,266,840

Lower River Road Lower River Rd Unit 0
Sanford, North Carolina, United States

Listed By: Realtyww Info

Listed On: 06/12/2023

Listing ID: GL10130554 View More Details

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 and Heavy Industrial zoned parcels (other side of RR) brick and 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.

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Listed by: Arborland Realty, Llc