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Listed by Carolina Forestry & Realty
$ 1,450,000
Est. payment /mo
Active
0 Buckhorn RD Bullock, NC 27507
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10112281
HOA Y/N No
Annual Tax Amount $832
Acres 362.5
Lot Dimensions irregular
Property Sub-Type Unimproved Land
Source Doorify MLS
Property Description
362.5 acre managed timberland property available in Granville County, NC, just outside of Bullock. The property has been professionally managed timberland for many years and features 1,700 feet of frontage along Buckhorn Road, four stands of timber ranging from 7 to 30 years old, two miles of well-kept gravel roads, additional UTV/walking trails, Beaver Pond Creek, several tributaries, and gated access from Buckhorn Road. Two old homes are located just off Buckhorn Road.
The new buyer has an opportunity for an immediate timber harvest, and the age structure of the stands will allow for continued periodic timber harvests in the future. Past timber management has created diverse wildlife habitat, including older mixed hardwood stands, stream bottoms, pine stands with early successional growth, and roads and clearings covered in grass and forbs. The old log decks, as well as some of the roads, could be used to plant wildlife food plots.
The land is composed of five adjoining tax parcels. The three largest parcels are enrolled in the Forestry Present Use Value Program. This tax status can transfer to the new owner at closing, providing significant property tax savings.
The mineral rights were retained on the largest parcel in a deed transfer in the 1950s. According to the owner, mineral rights can be transferred for all of the other parcels.
The new buyer has an opportunity for an immediate timber harvest, and the age structure of the stands will allow for continued periodic timber harvests in the future. Past timber management has created diverse wildlife habitat, including older mixed hardwood stands, stream bottoms, pine stands with early successional growth, and roads and clearings covered in grass and forbs. The old log decks, as well as some of the roads, could be used to plant wildlife food plots.
The land is composed of five adjoining tax parcels. The three largest parcels are enrolled in the Forestry Present Use Value Program. This tax status can transfer to the new owner at closing, providing significant property tax savings.
The mineral rights were retained on the largest parcel in a deed transfer in the 1950s. According to the owner, mineral rights can be transferred for all of the other parcels.
Location
State NC
County Granville
Community Not In A Subdivision
Area 362.5
Zoning AR-40
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Garage No
Building
Water Need Well
New Construction No
Schools
Elementary Schools Granville - Stovall Shaw
Middle Schools Granville - N Granville
High Schools Granville - Webb
Others
Senior Community No
Tax ID 193900789462, 193900980617, 193900892492...
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
