0 Pelham Rd, Watha, NC 28478
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.