Kinston, NC 28501,1395 Hwy 58 South
Listed by Mossy Oak Properties Land and
Bought with Non Member Office

$1,100,000

Est. payment /mo

$1,150,000

4.3%
Est.Price: ?

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1395 Hwy 58 South Kinston, NC 28501

171.82 Acres Lot

SOLD DATE : 12/27/2024

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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Doorify MLS / Triangle MLS
agent

Yvonne Schaefer

Broker | License ID: 220130

+1(919) 624-6055

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