Carver Rd, Lot#WP001 , Prospect Hill, NC 27314(Caswell County)

You don’t see large farms like this come on the market very often. This property on Carver Rd. is an income-producing farm that has it all. Carver Rd. is a state-maintained paved road that is a dead end creating a quiet country setting with minimal traffic. There are approximately 40 acres of agricultural land and 142 acres of mature timberland. The gently rolling terrain provides a beautiful setting with a pond on the property. A creek meanders through tall mature hardwood and softwood trees on the southern and eastern sides. Wildlife signs are abundant on the multiple white oak ridges spread through the parcel. The timber was thinned in 2016, leaving the remaining trees room to grow. Most pine trees are approximately 14 inches in diameter and display a healthy stand with reasonable growth rates. According to a recent timber appraisal, the timber could be harvested at full maturity in the next 5-10 years and is valued between $170,000 and $200,000. The farm is listed as an organic tobacco farm. The farmer typically plants approximately 25 acres of tobacco and plants a cover crop on the remaining tillable land. Farm is in tax deferment program.