Highway 96
194± acres, Granville County, North Carolina
Description
Located just north of Oxford, NC, this property has 1.4 miles of frontage along Highway 96, planted pine timber ready for thinning and perkable soils. The property has 153 acres of 20 year old planted loblolly pine that is ready for thinning and would provided an estimated $28,000± revenue. The timber could be managed with a second thinning occurring in 6 years followed by a final harvest in an additional 5-10 years. The Granville County soil survey shows a large amount of perkable soils. The property is suitable for residential development, timber management and investment. Two power line easements cross the property and are currently used for food plots and hunting stand placement. The land is only 3 miles north of Oxford, and less than an hour to Raleigh.
Directions
From the Oxford area: Take Highway 96 North about 3 miles to the property on the right.
Timber Stands
The property contains 153 acres of 20 year old loblolly pine plantation that can be thinned for an immediate estimated revenue of $28,000±. The residual stand could be left to grow to financial maturity and will be ready for final harvest in an additional 5-10 years. The land also contains small amounts of mature timber and bottomland.
Soils
The County soil survey shows several soil types, much of which is generally favorable for perking.
Uses
Residential development, forestry investment, hunting.
Price
Property Photographs
(click thumbnails to view full size images)
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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.