NOT LISTED FOR SALE

0 Lower River Rd Unit 2498228 Sanford, NC 27330

46.92 Acres
-- Price per Acre
2,043,835 Sq Ft Lot

Last Sold September 08, 2023

Last sale price $1,178,450

89 Days on Market

Highlights

  • 46.92 Acre Lot
  • Heavily Wooded Lot
  • Level Lot

About This Lot

As of September 2023

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.

Last Agent to Sell the Property

Michael Perry

Arborland Realty, LLC License #76103 Listed on: 03/07/2023

Last Buyer's Agent

Veeru Ganne

Eastside Realty LLC License #290667

Property Details

Property Type

  • Land

Lot Details

  • 46.92 Acre Lot
  • Level Lot
  • Heavily Wooded Lot
  • Property is zoned RA

Schools

  • Deep River Elementary School
  • East Lee Middle School
  • Lee High School

Utilities

  • Well Required
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Not in a Subdivision
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Heavily Wooded: Yes
  • Water Source Need Well: Yes
  • General Property Information Lot Size Acres: 46.92
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 46.92
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Lee - Lee
  • Middle Or Junior School: Lee - East Lee

Lot Info

  • Zoning: RA
  • Current Use: Timber, Vacant
  • Lot Size Sq Ft: 2043835.2
  • ResoLotSizeUnits: Acres
  • Wooded Area: 45.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 9677-44-2958-00

MLS Schools

  • Elementary School: Lee - Deep River

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,178,450 -- --
09/08/2023 09/08/23 Sold $1,178,450 -7.0% --
06/02/2023 06/02/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $1,266,840 0.0% --
03/30/2023 03/30/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $1,266,840 +7.5% --
03/07/2023 03/07/23 Off Market $1,178,450 -- --
03/07/2023 03/07/23 Price Changed $1,269,000 -90.1% --
03/05/2023 03/05/23 For Sale $12,840,000 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2498228

Doorify MLS