8306 Meadow Green Rd Browns Summit, NC 27214
This exceptional 137-acre agricultural property in Browns Summit, North Carolina, presents a unique investment opportunity. Located at 8306 Meadow Green Road, Guilford County, zip code 27214, this land boasts a highly desirable AG zoning designation. Previously utilized as a hemp farm, the property features excellent drainage facilitated by an existing system of drain tiles, along with the added benefit of on-site ponds and lakes. The land's topography is well-suited for various agricultural uses, offering significant potential for continued profitable farming operations. The asking price is $1,250,000, translating to a land value of $9,125 per acre. This represents a compelling price point for a property of this size and quality in this sought-after location. The property's history of successful agricultural production speaks to its inherent value and potential for future returns. Its versatility extends beyond traditional farming, presenting opportunities for diverse development projects. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is owned by an investor and is being offered for sale.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.