7611 Old 421 Rd Liberty, NC 27298
This exceptional 47.96-acre agricultural property in Liberty, North Carolina, presents a unique investment opportunity. Strategically located directly adjacent to the Toyota Manufacturing Megasite and within the Randolph County Opportunity Zone, this land offers significant potential for various uses. Currently operating as a working farm, the property is divided into three tracts, providing convenient access from both Old 421 Road and Macedonia Loop. The land is situated along both sides of a railroad line, enhancing its logistical advantages. Existing improvements include a barn, shop, several outbuildings, and two homes, all in good usable condition. Alternatively, the property offers a blank canvas for new development. The property also boasts three wells and a pond, providing ample water resources. The asking price is $3,675,000, translating to $76,626.36 per acre. Prospective buyers are responsible for verifying any future re-zoning potential with Randolph County. The property's address is 7611 & 7609 Old 421 Road, Liberty, NC 27298. This is a rare opportunity to acquire a substantial parcel of land in a rapidly developing area with excellent infrastructure and proximity to major industry.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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