Agricultural

Corapeake, NC Agricultural Land / Farmland for Sale

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Suffolk, VA Gates, NC Sunbury, NC Gatesville, NC Hobbsville, NC South Mills, NC Chesapeake, VA Elizabeth City, NC
Subdivision-Ready Farmland Tract
Updated: Jun 26
Subdivision-Ready Farmland Tract

107ac Nc 32 N & Corapeake Road, Corapeake, NC 27926

$400,000
99.61 AC lot
Over 100 acres spanning the Suffolk, VA and Gates County, NC line with frontage on Highway 32
Land was clear cut in recent years
By‑right subdivision potential in Gates County for up to nine 10‑acre “farmettes”
Old logging road off 32 and the old log deck could be used to establish an access road to interior lots
Includes city of Suffolk portion (PIN/Tax Map No: 052454000) and Gates County portion (PIN/Tax Map No: 1001390)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Corapeake, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land Parcel
Agricultural Land Parcel

98 Paige Riddick Road, Gates, NC 27937

$35,000
1.00 AC lot

One-acre parcel in Gates County with an easement for neighbors’ driveway.

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Agricultural Land with High Ground
Agricultural Land with High Ground

Paige Riddick Road, Gates, NC 27937

$65,000
8.00 AC lot

Eight acres with 2.45 acres of higher ground and the remainder in wetlands or floodplain, offering a private country setting.

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Suffolk Land with Road Frontage
Suffolk Land with Road Frontage

25+AC Holland Road, Suffolk, VA 23434

$2,200,000
36.76 AC lot

36.76 acres with potential for commercial or industrial use.

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Agricultural Land for Sale
Agricultural Land for Sale

.26+AC Lummis Road, Suffolk, VA 23434

$50,000
0.39 AC lot

Four land lots along Lummis Road are available for buyers seeking agricultural-zoned property in Suffolk, VA.

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Corapeake, NC Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Corapeake, NC on our real estate platform. These investment opportunities span a total of 4,339,012 square feet of properties for sale, with an estimated market value of $400,000.

Sale prices for farmlands in Corapeake, NC average $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,881
Population Growth (5Y) +20.8%
Median Household Income $57,941
College Educated 15.3%

High-Yield Neighborhoods for Investment

Identify Corapeake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27926 $400K

Taxes & Financing

Tax Rate (average for all types) 0.99%
Property Tax per SF $27.27 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gates County

New Delisted

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