Fantastic development opportunity! Almost 62 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:
1.85 Acres: $115,000 - 185 feet of road frontage - Almost all open/tillable ground - Conventional soils on site.
This portion of the property has already had the process started for tapping into the county water, giving the buyer the convenience of essentially picking up where the Sellers left off.
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
