61.93 Acres in Biscoe, NC - $300,000

Lowder Parcel 2

Fantastic timber investment or residential property with option to subdivide. Good road frontage. Soils look good for septic. A second property is available on Bensalem Rd.

Extremely rare to have an opportunity to purchase a timber investment that has received such intensive forest management, just a few years from the first thinning. Timber is a 14-year-old stand of Loblolly Pine, with thinning income potential in 4+/- years. Management history is shown below. Excellent site index of 80 90 for Loblolly Pine. Abundant wildlife including deer, turkey and small game.

Forest Management History

2010 Reforested with 2nd Gen Weyerhaeuser Seedlings 2011 Chemical Release Spray

2015 Pre-Commercial Thinning

Legal Information:

Parcel ID: 00009039

Deed: DB 1886, PG 125

Tax Value: $270,300

2023 Taxes: $101.60 PUV program for timber, reduces taxes, buyer can assume.

Property Information:

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