Agricultural Timber Tract with
For Sale
$1,295,000
01 Grassy Knob Rd, Union Grove, NC 28689
Multi-use farmland and planted pines feature long road frontage along Grassy Knob Rd/Butch Branch Rd.
Property SizeContact for details
Lot Size77.00 Acres
Days on Market53
Property Features for 01 Grassy Knob Rd
General Information
Standard status
Active
Lot size
77.00 Acres
Property subtype
Vacant Land
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Lot Size Acres: 77.03
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Township: Iredell County
Listing Agency:
National Land Realty, Central NC
(855) 384-5263
Listed By:
Bobby Spivey · License #197369
(855) 384-5263
Source:
Doyle-realty
Added: Jul 11
Changed: Aug 31
Last Checked: Aug 31 at 2:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of National Land Realty, Central NC
Investment Insights
Based on property information with market context.
This 77+/- acre tract in Union Grove, NC is set up for both agricultural and timber use, with about 25 acres in open agricultural field and approximately 50 acres planted in pines and mixed timber. The open field is currently leased to a local farmer, and a hunting group also leases the property.
The property has over 520 feet of road frontage on Grassy Knob Rd and about 720 feet on Butch Branch Rd (the same road name changes partway through). The land is enrolled in the PUV/farm use program, with taxes reported at $188 total in 2025; the buyer will have the option to continue the program. The seller notes that removing the property from the program triggers 3 years of rollback taxes plus interest, which should be considered when planning.
Offered for sale as a single tract, the property includes the combination of open field acres and productive timbered acres currently supporting the two existing leases.
The property has over 520 feet of road frontage on Grassy Knob Rd and about 720 feet on Butch Branch Rd (the same road name changes partway through). The land is enrolled in the PUV/farm use program, with taxes reported at $188 total in 2025; the buyer will have the option to continue the program. The seller notes that removing the property from the program triggers 3 years of rollback taxes plus interest, which should be considered when planning.
Offered for sale as a single tract, the property includes the combination of open field acres and productive timbered acres currently supporting the two existing leases.
Key Highlights
- 77+/- acre tract in Union Grove, NC with about 25 acres open agricultural field and approx. 50 acres planted pines/mixed timber
- Over 520' road frontage on Grassy Knob Rd and 720' on Butch Branch Rd (same road, name changes partway through)
- Property has active agricultural lease with a local farmer and a hunting group lease in place
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 28689, NC
1,846
Population
896
Households
2.1
Avg Household Size
44
Median Age
13%
College-Educated
81%
High-School Grad
45.3 sq mi
ZIP Area
41
Density / Sq Mi
$67,643
Median Household Income
$36,693
Median Earnings
$1,006
Median Rent
$165,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Multi-use farmland and planted pines feature long road frontage along Grassy Knob Rd/Butch Branch Rd.
Where is this agricultural land / farmland located?
The property is located at 01 Grassy Knob Rd Union Grove, NC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 77+/- acre tract in Union Grove, NC with about 25 acres open agricultural field and approx. 50 acres planted pines/mixed timber; Over 520' road frontage on Grassy Knob Rd and 720' on Butch Branch Rd (same road, name changes partway through); Property has active agricultural lease with a local farmer and a hunting group lease in place
