Property profile

0 Mount Carmel Rd Carthage, NC 28327

OFF-MARKET
Land
355.29 ac lot
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Property summary

AI-generated overview

This expansive 355.29-acre tract of land, located on Mt. Carmel Rd in Carthage, North Carolina (zip code 28327), presents a unique investment opportunity. Zoned Rural Agricultural, the property boasts approximately 4,500 feet of road frontage, providing excellent accessibility. The land comprises a diverse mix of terrain, including a pine plantation of varying ages and a section of mixed hardwood forest. This versatile property offers significant potential for a variety of uses, from residential development to timber harvesting and recreational pursuits. Note that approximately 17 acres in the eastern portion of the property fall within a designated flood zone. A historical cemetery is also situated within the property boundaries. The property's APN is a portion of 00008183. This substantial landholding is offered at an asking price of $1,952,000. The property is situated in Moore County and offers a blend of natural beauty and development potential. Serious inquiries are encouraged to explore the possibilities of this remarkable land parcel.

Property profile

Verified
Property type Land
Lot 355.29 ac (15,476,432 SF)

Cap rate & NOI

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

Location

Mount Carmel Rd Carthage, NC 28327
Carthage metro
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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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