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Listed by Carolina Forestry & Realty
$ 1,310,360
Est. payment /mo
Active
1 Nc Highway 33 Tarboro, NC 27886
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10140896
HOA Y/N No
Annual Tax Amount $2,025
Acres 278.8
Lot Dimensions irregular
Property Sub-Type Farm
Source Doorify MLS
Property Description
278.8 acre farm for sale outside of Leggett in Edgecombe County. An additional 404.3 acre farm is available on the south side of Highway 33, see MLS 10140897. The farm features 117 acres of cropland, 142 acres of 2019 loblolly pine plantation, and 3,950 feet of frontage along Highway 33.
The property generates an annual income of $24,117 (approximate) from existing farm and hunting leases, which can be continued by the new owner. The 142 acre pine plantation can be thinned in approximately eight years, producing another income for the new owner. The cropland is comprised of loam and sandy-loam soils, including Dga, Ro, GoA, NoA, RaA, and WaB soil types. Due to the wet spring, the fields were left fallow, but they will be planted in the Spring of 2026. Access throughout the farm is provided by miles of truck/SUV roads and smaller ATV paths. The property 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.
County water and electricity are located along the road front. Sewer is located about ½ a mile toward Leggett. The farm is located 8 miles to Tarboro and the Kingsboro Mega Site, 15 miles to Rocky Mount and 20 miles to Interstate 95.
The property generates an annual income of $24,117 (approximate) from existing farm and hunting leases, which can be continued by the new owner. The 142 acre pine plantation can be thinned in approximately eight years, producing another income for the new owner. The cropland is comprised of loam and sandy-loam soils, including Dga, Ro, GoA, NoA, RaA, and WaB soil types. Due to the wet spring, the fields were left fallow, but they will be planted in the Spring of 2026. Access throughout the farm is provided by miles of truck/SUV roads and smaller ATV paths. The property 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.
County water and electricity are located along the road front. Sewer is located about ½ a mile toward Leggett. The farm is located 8 miles to Tarboro and the Kingsboro Mega Site, 15 miles to Rocky Mount and 20 miles to Interstate 95.
Location
State NC
County Edgecombe
Community Not In A Subdivision
Area 278.8
Zoning AR-30
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Garage No
Building
Water Public, Need Well
New Construction No
Schools
Elementary Schools Edgecombe County Schools
Middle Schools Edgecombe County Schools
High Schools Edgecombe County Schools
Others
Senior Community No
Tax ID 4812-56-1138
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
