198 Acres in Greenville, NC - $595,000
Located between Greenville and New Bern, NC, this wooded property is currently generating $12,000 to $15,000+ of yearly income through a pine straw lease. The owner has taken exceptional care of this property. The raked stands have been manicured and all roads are kept mowed and in great shape. The property includes planted loblolly pine and longleaf pine from 3 to 17 years old together with a nice barn. There are 2.5 to 3.5 miles of groomed trails providing access throughout the land. The tract has 1,300 feet along Powell Road and 3,400 feet along Swift Creek.
The land along Swift Creek is seasonally flood and is suitable for duck hunting. The land also supports deer, turkey and small game.
The property is located about 15 minutes to New Bern and Greenville. No mobile homes or commercial livestock operations are allowed. Subject to a cell phone tower lease (just off Powell Road).
Tim...
Timber Stands
Currently, 43.2 acres are under a pine straw lease. An additional 40.3 acres area available for pine straw production. The remainder of the tract contains a 1 year old stand of bottomland hardwoods with mature cypress.
Uses
Pine straw business, home site, timber, hunting and recreation.
Price
$595,000
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