277 Laurel Ml Rd, Centerville, NC 27549
This exceptional 92.37-acre commercial land parcel in Centerville, North Carolina, presents a unique investment opportunity. Located at 277 Laurel Mill Centerville Road, Louisburg, NC 27549 (APN 036785), this property boasts significant road frontage, estimated at 580 feet. The land is zoned FCO AR and features approximately 25 years of timber growth. A pasture fence at the front provides drivable access to an old logging yard located further back on the property. Crabtree Creek borders the rear of the property, offering a natural water source. Wildlife sightings suggest the presence of deer and turkey, making it potentially suitable for hunting. The property also includes a well and the remains of a collapsed septic system from a previous mobile home
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.