Executive Summary

Hight & Sherrod Tracts (SALE PENDING)
Franklin County, NC
Residential Development Opportunity
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Fantastic opportunity to purchase land in one of the fastest growing areas around Raleigh, Ideal location for single family residential development or for large private estate lots. Well managed timber stands provide additional income sources. Excellent wildlife, flowing creek with potential pond sites, good internal road access. Less than 30 minutes driving distance from downtown Raleigh. Easy access to Youngsville and US Hwy 1. Less than 15 minutes to I 540 and Triangle Town Center Mall. 
 
Property Information:
 
Opportunity to purchase well managed timber tract with prospects for substantial timber income in the future. Extensive development occurring in the area offers opportunity for significant land appreciation. Schools and new developments planned within one mile of property. Hidden Lake community less than one mile away.  Public water available on Mays Crossroads Road. Sewer close by. Please stay off of old bridge.
 
Address: Mays Crossroads Road
City: Louisburg, NC
Zip: 27549
 
Legal Information:
 
Hight Tract Info:
Property Record  #: 33132
Deed Book: DB1162, PG 937
Plat Book: 99, Page 366
  
Sherrod Tract Info:
Property Record  #: 33131
Deed Book: DB1168, PG 43
Plat Book: 99, Page 366, Tract #4
 
     
Directions: From Raleigh take US Hwy 1 north to Right on Holden Rd. Travel 4 miles through Youngsville to left onto Mays Crossroads Rd. Travel 3.6 miles to property on left. Locked gate at entrance. Orange flagging on gate.
 
Listing brokers must be present at showing!

Size

109.909± acres

Price

$1,410,000 ($12,828.79 / acre)




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More information

Planted Pine
Entrance on Mays Chapel Rd.
Internal Road
Hardwoods in SMZ
Boundary line


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