0 Cherry Grove Rd Reidsville, NC 27320
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).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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