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    1 Old Mount Olive Hwy Mount Olive, NC 28365

    Picture of Agricultural land at Old Mount Olive Hwy 1, Mount Olive, NC
    For Sale
    $552,000

    LAND - Mount Olive, NC

    Lot size:
    128.80 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 1 Old Mount Olive Hwy

    General Information

    Special listing conditions
    Third Party Approval
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Third Party Approval
    Standard status
    Active
    Zoning
    county
    APN
    2584768141
    Lot size
    128.80 Acres

    Kornegay Realty, Inc (919) 738-3982 [email protected]

    Listing agent David Kornegay (919) 738-3982 License #165118

    Listing date Nov 26, 2025

    MLS# 100540701 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mount Olive Acreage Opportunity

    This 128.8-acre property features a combination of cleared and wooded land. Approximately 81.37 acres are cleared, tillable farmland, complemented by 47.43 acres of mature trees. The property is located between Mount Olive and Goldsboro. The soil composition includes Norfolk, Wagram, Weston, and Lynchburg soil types.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Olive
    County
    Wayne
    State
    North Carolina
    Longitude
    -78.038553
    Latitude
    35.248792

    FAQs

    What type of property is this?
    Agricultural land - 128.8 acres of farmland and wooded area for sale.
    Where is this agricultural land located?
    The property is located at 1 Old Mount Olive Hwy Mount Olive, NC.
    What is the asking price?
    The asking price for this property is $552,000.
    What are key features of this property?
    This property features: - 128.8 total acres, offering a substantial land holding.; - **81.37 acres of cleared, tillable farmland**, ideal for agricultural endeavors.; - 47.43 acres of wooded area with mature trees.
    (919) 738-3982
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    1 Old Mount Olive Hwy Mount Olive, NC 28365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Old Mount Olive Hwy Mount Olive, NC 28365
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