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Property profile & analytics
OFF-MARKET
Land

Township of Lee Matheson Rd Township of Taylorsville, NC 28681

12.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.52-acre agricultural property in Alexander County, North Carolina, presents a unique investment opportunity. The property features three poultry houses; two are currently operational under a contract with Perdue Farms at a rate of $0.51 per dozen eggs. These houses are Grade 4 structures. House 1 is a 40' x 400' post-frame building (circa 1979) with a 10-year-old egg cooler. House 2, a 42' x 400' post-frame structure (circa 1994), has a 2-year-old egg cooler. House 3, a 42' x 400' truss-frame building (circa 1998), includes a newly installed Burch egg cooler, though it's currently out of service but has upgrade potential. Supporting structures include a 70' x 40' powered compost shed (12 years old), a 20' x 95' equipment shed with six bays, and a mobile home with two bedrooms, one bath, a stove, and a refrigerator. An older barn with three stables and an older 45' camper are also on the site. The property boasts three wells, two producing 40 gallons per minute and one producing 100 gallons per minute. Two 25 KW generators power houses 1 and 2, and another powers house 3. While a septic permit is unavailable, this turnkey operation offers significant potential for expansion and increased profitability within a region known for its agricultural heritage. The property is located on Lee Matheson Rd, Taylorsville, NC 28681. Video tours are available online.

Property profile
Verified
Property type Land
Lot 12.52 ac (545,371 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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