North Carolina Land for Sale

Belltown Road Development Property

48 Acres, Granville County, North Carolina

Description

48 acres just south of Oxford, North Carolina with visibility to Interstate 85. The property is located next to the Interstate 85 and Highway 15 interchange (exit 202). The land is located in an Opportunity Zone and features 1,100± feet of frontage on Belltown Road (travels adjacent to the Interstate). Water and sewer is to be provided by the County (see Aerial Photo 1). The property is zoned AR-40, and nearby zoning includes AR-40, Industrial and Highway Business. The land is mostly wooded (12 acres clearcut last year) with managed loblolly pine and is currently enrolled in Forestry PUV. Located less than a mile to the Walmart Shopping center, Oxford Industrial Park and the Montague Centre (industrial center). The City of Oxford indicates they would like to see growth in this area. Attractively priced compared to nearby listings.

Granville County has an agreement with the Owner and subsequent owners to provide water and sewer access generally located within existing recorded easements as shown on Aerial Photo 1.

Oxford Planning is currently reviewing a 58-acre PUD with single-family, multi-family and commercial uses located less than a mile from the property, adjacent to Walmart. A 300 lot, single-family project is under review, east of the property.

Property Features

  • 48.0 acres by new survey
  • Visibility to Interstate 85 at exit 202
  • City water and sewer provided by County (see Aerial Photo 1)
  • 1,100± feet of frontage on Belltown Road
  • Electricity on site
  • Currently zoned AR-40, Granville County
  • Borders Industrial zoning, Highway Business nearby
  • Located in Opportunity Zone 37077970300
  • No flood zone
  • Currently under forestry PUV (low taxes)
  • Located in the Tar River Basin

Distances

  • < 1 mile to Oxford
  • < 1 mile to Walmart Shopping Center
  • 11 miles to Henderson
  • 11 miles to Butner
  • 11 miles to Creedmoor
  • 24 miles to Durham

Directions

From the Interstate 85 and Highway 15 Interchange: Go west on Belltown Road 0.2 miles to the property on the right. Locked gate. Call agent before viewing.

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Uses

Commercial and industrial development

Coordinates

36.272147, -78.608829

Price

$984,000 ($20,500/acre)

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Disclaimer: Information taken from reliable sources and thought to be correct. Potential buyers should perform their own due diligence and verify all information.