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Property profile & analytics
OFF-MARKET
Land

0 Cherry Grove Rd Reidsville, NC 27320

149 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 149-acre agricultural property in Caswell County, NC, near Reidsville, presents a unique investment opportunity. Located off Cherry Grove Rd, the land boasts a diverse landscape including approximately 11 acres of open agricultural land currently used for soybean production, suitable for personal wildlife plots or continued agricultural use. A central, bold stream runs north, creating potential pond sites, and a boundary stream enhances the property's natural beauty and wildlife corridors. The property features a rolling topography, providing multiple potential home sites. Replanted in 2023 with Loblolly Pine, the young timber adds significant long-term investment potential, complemented by mature timber remaining in riparian buffers. A contiguous boundary trail and multiple internal trails enhance accessibility and recreational opportunities. The property's history includes permitted land clearing and a previous soil evaluation for a four-bedroom home. Its convenient location offers proximity to major roadways, including Highway 29, Reidsville (11 miles), Burlington (15 miles), Greensboro (25 miles), and Raleigh (60 miles). This well-rounded property is ideal for a personal farm, recreational retreat, or investment, offering privacy, natural beauty, and significant potential. The asking price is $615,000. Previous permitted uses include a "Land Clearing Inert Debris Landfill" (wood debris).

Property profile
Verified
Property type Land
Lot 149 ac (6,490,440 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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