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Property profile & analytics
OFF-MARKET
Land

0 Tbd Nc-73 Ellerbe, NC 28338

340 ac lot
Property ID
Property summary
AI-generated overview

This expansive 340-acre property in Ellerbe, NC, offers a unique blend of investment and recreational opportunities. Comprised of nine parcels (APN: 758104941464, 758104728719, 758104644125, 758104635309, 758104546197, 758104701739, 758104508994, 758000793663, 758000699648), the land boasts diverse features including timberland, farmland suitable for hay production, and a pond ideal for recreational activities and hunting. Located near I-73/74 and with frontage on NC Hwy 73, the property benefits from excellent visibility and accessibility. Currently, leases are in place for hay, farming, and hunting, providing immediate income potential. The property is zoned Agricultural Residential with a portion in Highway Commercial Overlay, offering flexibility for future development. Note that a neighboring property contains a non-permitted landfill. This property presents a compelling investment opportunity with potential for both continued income generation and personal enjoyment. The asking price is $2,210,000.

Property profile
Verified
Property type Land
Lot 340 ac (14,810,400 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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