North Carolina Land for Sale

Fellowship Church Road

118 Acres, Johnston County, NC

Description

118 acre timberland property for sale in Johnston County, North Carolina. The land is located just north of Princeton and features managed loblolly pine plantations with an approximate value of $80,000, a 30' deeded right of way for access, several small streams, access trail and low Present Use Value taxes. The timber could be thinned now, providing the new owner with an immediate income. Future revenue can be generated with more thinnings and clearcuts. The property is located off the main road and could be used for hunting, recreation and timber management. Located three miles to Princeton and 34 miles to Raleigh.

Land Features

  • 118 acres total
  • Access via 30' deeded right of way off Luke Court
  • Mostly planted loblolly pine plantation
  • Approximately $80,000 in timber (clearcut)
  • Older stand could be thinned now for immediate revenue
  • Three small streams
  • Some hardwood stands
  • Path through the property
  • Deer sign
  • Low PUV taxation
  • Three miles to Princeton
  • 34 miles to Raleigh at I-540

Timber Stands

  • 103 acres of 19 year old loblolly pine plantation
  • 15 acres of 12 year old loblolly pine plantation
  • 3 hardwood and pine stream buffers (included in acreage above)

Distances

  • 3 miles to Princeton
  • 12 miles to Selma/Smithfield/Interstate 95
  • 12 miles to Goldsboro
  • 34 miles to Raleigh at I-540

Directions

From Princeton, NC: Go north on Rains Mill Road for 1.3 miles, turn left onto Princeton Kenly Road. Go 1.0 miles and turn right on Fellowship Church Road. Go 0.7 miles, turn right on Luke Court. The easement into the property starts at the end of Luke Court.

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Uses

Timber investment, hunting, recreation

Coordinates

35.506380, -78.126021

Price

$295,000

Property Photographs
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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.