$1,266,840

Located just 15 mi SW of US 1/I-540 interchange, less than 3 mi W of Vinfast Manufacturing US, LLC, 1 mi NE of Raleigh Executive Jetport, less than 2 mi SW of Moncure and with 2600' of road frontage; this property offers a wide range of possibilities. Current zoning is Rural Agricultural with 1 ac min lot size. Residential development potential, plus close proximity to the Seaboard Coastline Railroad & Heavy Industrial zoned parcels (other side of RR) brick & aggregate mining nearby, plus may have gas deposits. Currently growing a well-managed 36 year-old Loblolly pine plantation which has been thinned twice. Last thinning was conducted in 2022. Before the thinning, there was a wildfire that killed approximately 1.5 acres of trees. These were cut and sold during the last thinning. 1 mi from exit 78 US Hwy 1. List price based on 46.92 ac @ $27,000/ac.