Property profile

0 Pelham Rd Watha, NC 28478

OFF-MARKET
Land
1097 ac lot
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Property summary

AI-generated overview

This exceptional 1,097+/- acre property in Pender County, North Carolina, presents a unique investment opportunity. Located on Pelham Road near Watha, NC (zip code 28478), this expansive tract encompasses five parcels (APN: 3302-14-9715, 3302-28-5877, 3302-35-6857, 3303-13-6291, 3303-40-0949) and offers a diverse range of uses. Approximately 38 acres are cleared and suitable for agricultural purposes, while the remaining acreage is comprised of forested timber, providing excellent potential for long-term investment. The property's accessibility is enhanced by existing power line rights-of-way, along with a network of interior roads and trails, making it particularly attractive for recreational activities such as hunting. The property is zoned RA and RP. The asking price for this significant landholding is $2,750,000. This is a rare opportunity to acquire a substantial tract of land with diverse potential in a desirable North Carolina location. Don't miss out on this chance to own a piece of Pender County's natural beauty and investment potential.

Property profile

Verified
Property type Land
Lot 1097 ac (47,785,320 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pelham Rd Watha, NC 28478
Watha metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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