Governors Creek

Description

This wooded property has 2 miles of road frontage, perkable soils and is located west of Sanford and north of Carthage in Moore County North Carolina. The land has two stands of managed loblolly pine that will provide timber revenue in 3± years. The property has 10,400 feet of frontage along two State Roads (Wadsworth, Underwood) and an abundant amount of perkable soils (from the County soil survey) making the land suitable for development into mini farms and small lots. Governor's Creek flows through the southern portion of the property. Owner will divide into two tracts (see below), or sell entirely at a lower price. The property is 47 miles to the Raleigh beltline and 20 miles to Southern Pines. Sanford and Carthage are roughly 10 minutes away.

Directions

From the Sanford area: Take Highway 1 south to Tramway. Turn right (west) at the Citgo Gas station on Center Church Road (SR 1303) and go 5.3 miles. Turn left on South Plank Road (SR 1007), go 1/4 mile and turn right on SR 1661. Go 1/4 mile and turn right on Underwood Road (SR 1625). Go 2.4 miles and the property begins on the left.

Timber Stands

The timber has been well-managed and could be held for long-term appreciation. The first harvest would occur in 3± years.

• 1996 planted loblolly pine, 58 acres. Can be thinned in 3± years.
• 2003 planted loblolly pine, 50 acres. Can be thinned in 10± years.
• Mature pine and hardwood along Governor's Creek, 11 acres.

Soils

The County soil survey shows a considerable amount of perkable soils throughout the property. See the Soil Type Map.

Uses

Homes site development, forestry, hunting

Price and Sale Options

Will divide into two tracts (see aerial photo):

• 63.4 acres west of Wadsworth Road, $4,200/acre
• 63.7 acres east of Wadsworth Road, $4,600/acre
• All 127.1 acres, $4,400/acre

Property Photographs
(click thumbnails to view full size images)