Franklinton, NC Franklin Country Land 203.000000 acre for sale in Franklinton, North Carolina

$1,042,000

Timberland investment property with great residential development potential in southern Franklin County, North Carolina. The entire property is managed, multi-aged loblolly pine plantations. The land has approximately 3,800 feet of frontage on Tom Wright Road and Gordon Moore Road. The property is located three miles east of Franklinton, 12 miles north of Wake Forest and 23 miles to I-540/North Raleigh. Approximately $150,000 in merchantable timber value.
Property Features
All managed pine plantation
Double road frontage
Good soils, no flood plain
Merchantable timber value
Commutable to Wake Forest and Raleigh
Timber Stands
1972 pine plantation, 7 acres
1981 pine plantation, 81 acres
2003 pine plantation, 23 acres
2011 pine plantation, 7 acres
2012 pine plantation, 91 acres
Distances
3 miles to Franklinton
12 miles to Wake Forest
23 miles to Raleigh @ I-540
27 miles to RDU airport


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