Bought with Non Member Office
$1,100,000
$1,150,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1395 Hwy 58 South Kinston, NC 28501
171.82 Acres Lot
Key Details
Sold Price $1,100,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10053137
Sold Date 12/27/24
HOA Y/N No
Annual Tax Amount $2,725
Lot Size 171.820 Acres
Acres 171.82
Property Sub-Type Farm
Source Triangle MLS
Property Description
171.82 Acres of Multi-Use Farm Land For Sale in Lenoir County, NC! Take a look at this beautiful tract of land located in Lenoir County, just outside of Kinston on Highway 58! This property features thousands of feet of road frontage! There is roughly 1,655 feet of frontage along Highway 58, 2,520 feet along Elijah Loftin Road, and another 1,000 feet along Whaley Road. In regards to the farmland, it's well drained and ideal for many types of agricultural crops. There are several soil types present on the property. Goldsboro soils (GoA) consist of roughly 32% of the soils present. Lynchburg Soils (Ly) make up another 31% of the soils, and Rains Sandy Loam (Ra) make up 19% of the soils. The remainder of the soil types consist of various types of Norfolk Sandy Loams.
None of the property is encompassed in the FEMA 100 or 500 year floodplain. The only wetland areas present are the drainage ditches and canals that cut through the farmland and ensure the soils are well drained. The elevation is at approximately 70 feet above sea level and is level throughout the entirety of the property. While this property consists of primarily prime farmland, there are three sections of timber. There is a 8 acre homesite that boats beautiful century-old mature oak trees, a 6 acre block of timber on Whaley Road, and 3.65 acres of pines along the NE boundary of the property.
From this property, you are only 10 minutes from Kinston, 30 minutes from New Bern, 15 minutes from Trenton, and less than one hour from Emerald Isle. Southwood Elementary School is less than a half mile from the property. While this property features frontage on Highway 58, you are in close proximity to Highway 70 and Highway 258, making accessing the property an ease from anywhere.
This is the perfect property to add to your investment portfolio. In addition to the continuation of row crop agriculture usage, there is potential for commercial zoning and development, as well as conservation easement enrollment, and residential development. There aren't many properties that check the boxes for a property offering such diverse potential usages!
Location
State NC
County Lenoir
Direction From Southwood Elementary School, take a left onto NC-58. Take another left onto Elijah Loftin Road. The property will be on the left, next to/behind the property located at 2222 Elijah Loftin Road.
Rooms
Other Rooms See Remarks
Exterior
Utilities Available See Remarks
View Y/N Yes
Present Use Agricultural,Vacant,See Remarks
Street Surface Paved,See Remarks
Private Pool No
Building
Lot Description Agricultural, Few Trees, Hardwood Trees, See Remarks
Faces From Southwood Elementary School, take a left onto NC-58. Take another left onto Elijah Loftin Road. The property will be on the left, next to/behind the property located at 2222 Elijah Loftin Road.
Sewer Unknown, Other
Water See Remarks
Schools
Elementary Schools Lenoir County Public Schools
Middle Schools Lenoir County Public Schools
High Schools Lenoir County Public Schools
Others
Tax ID 22156
Special Listing Condition Standard
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