Executive Summary

Myron Melamed Tract
Franklin County, NC
Investment, Recreational, Timber - Two Acre Pond
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Excellent property for future residential use, appreciation, recreation use, investment. Two acre lake in center of the property would provide excellent building sites. Rolling topography, trails for hiking or 4-wheelers. Old fields planted with Loblolly Pine in 2010. Cutover planted with Loblolly Pine in February 2015. Hardwoods left along all streams provide cover for wildlife and stream protection. Deer and turkey are abundant.

Property Information:

Address: NC 39 Highway
Louisburg, NC 27549
 

Legal Information:

Parcel ID: 018872
PIN: 2807-79-1274
Deed: DB 1660, PG 554
PB 2007- 391
Tax Value: $224,870 PUV $37,839
2014 Taxes: $361.37 (Low tax assessment can be assumed)

Property is located only minutes from downtown Louisburg, 30 minutes from Wake Forest, and 45 minutes from Raleigh.

Three small billboards on the property provide annual income.

Size

109.87± acres

Price

$399,000 ($3,631.56 / acre)




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