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Wiloge Cole Jr

wilogecolejr@gmail.com +1(984) 400-4120

Listed by Mast Realty, Inc.

$ 1,988,960

Est. payment -/mo

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Active

60 Timberlake RD Louisburg, NC 27549

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10112565

HOA Y/N No

Annual Tax Amount $4,069

Acres 60.0

Lot Dimensions 60 Acres

Property Sub-Type Unimproved Land

Source Doorify MLS

Property Description

Fantastic development opportunity! Almost 60 acres just 5-10 minutes from Youngsville, Franklinton and Louisburg! Wake Forest can be reached in 15-20 minutes south, as access to Hwy 401 is close by! County water runs along Timberlake Rd and the property has a total of over 3,760 feet of road frontage on both the north and south sides of Timberlake Rd. The property is zoned R30 and allows for a minimum of .46 acre lots. There's over 21 acres of open/tillable ground with the remainder of the property in roughly 20 year old pines, and a few scattered mature hardwoods. There's multiple surveys on hand including a full survey of the property. Also on hand is a soil report showing conventional soils across the majority of the property! The whole property shows to be in Wedowee Sandy Loams and should have no problems with erosion as it is level and there is little topography variation. THE SELLERS ARE WILLING TO SUBDIVIDE THIS PROPERTY into the following proposed parcels, and it is assumed Buyers will purchase a survey during their due diligence process, unless otherwise negotiated with the Sellers. These contracts will be based on price per acre: 38 Acres: $1,361,160 - 1,407 feet of road frontage - Almost 11 acres of open/tillable ground - 27 acres of timber - Soil testing needed here but should have no problems. 5.25 Acres: $313,800 - 326 feet of road frontage - All timber - Conventional soils on site. 14 Acres: $500,400 - 1,540 feet of road frontage - Over 11 ares of open/tillable ground - Almost 5 acres of timber - Conventional soils on site. PROPERTY LINES ARE DEPICTED IN THE AERIAL PHOTOS 1-13 AND THE SATELLITE PHOTOS 46-48

Location

State NC

County Franklin

Community Not In A Subdivision

Area 60.0

Zoning R30

Interior

Fireplace No

Exterior

Utilities Available Water Available

Garage No

Building

Water Public

New Construction No

Schools

Elementary Schools Franklin - Louisburg Elementary

Middle Schools Franklin - Terrell Lane Middle

High Schools Franklin - Louisburg Magnet High School

Others

Senior Community No

Tax ID PID:1883-69-1895

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(984) 400-4120

wilogecolejr@gmail.com