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    108 Savage Rd Corapeake, NC 27926

    Under Contract
    For Sale
    $659,000

    LAND - Corapeake, NC

    Lot size:
    151.00 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 108 Savage Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    Ag
    APN
    10-00644
    Lot size
    151.00 Acres

    Building Details

    Additional Structures
    Workshop

    Mossy Oak Properties Land and Farms (252) 480-5263

    Listing agent Chase Furlough License #340066

    Listing date Nov 25, 2025

    MLS# 100539006 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

    Versatile Farmland and Timberland Opportunity

    This 151-acre property in Gates County, North Carolina, near Corapeake, features a combination of farmland and timberland. Approximately 75 acres consist of actively cultivated, highly productive tillable farmland. The soil, composed of Goldsboro, Rains, and Lynchburg fine sandy loam, is known for its fertility, drainage, and crop versatility, suitable for corn, soybeans, wheat, and specialty crops. The land also provides building sites for a private residence, equestrian estate, or rural homestead. Additionally, the property includes approximately 60 acres of professionally managed 15-year-old timberland, offering long-term investment potential, wildlife habitat, and recreational value, including hunting and hiking. Two large pole barns, one measuring 90' x 50' and another 80' x 50', are present for equipment storage, hay, feed, or workshop use. The property has over 1,600 feet of road frontage on Savage Road, divided across three sections, providing access, multiple entry points, and subdivision potential.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Bar & Pub Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Corapeake
    County
    Gates
    State
    North Carolina
    Longitude
    -76.590709
    Latitude
    36.485965

    FAQs

    What type of property is this?
    Farm - 151-acre farm with tillable land, timber, ponds, and infrastructure.
    Where is this farm located?
    The property is located at 108 Savage Rd Corapeake, NC.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - 75+\/- acres of highly productive, actively cultivated tillable farmland with excellent soil fertility and drainage.; - 60+\/- acres of professionally managed 15-year-old timberland offering long-term investment and recreational value.; - Two large pole barns (90' x 50' and 80' x 50') for equipment storage, hay, feed, or workshop use.
    (252) 505-6893
    Request Owner's contact information
    108 Savage Rd Corapeake, NC 27926
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    108 Savage Rd
    Corapeake, NC 27926
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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
    108 Savage Rd Corapeake, NC 27926
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