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New Lake Recreational Investment

PRICE REDUCED! This beautiful property is located in Hyde County just minutes from US Highway 264 near Belhaven, NC. This is a rare opportunity to purchase 14,500+ acres that adjoins the Pocosin Lakes National Wildlife Refuge. The property has beautiful views, income potential, and is rich in natural resources. A geologist has expressed belief that there is a large deposit of natural gas or oil under the rock substrate. New drilling technology makes it feasible to drill through the rock to extract the deposits. Seller has not signed the agreement offered allowing further testing, so this mineral deposit runs with the property. To add additional value, a Carbon Credit Bank has estimated that there are 5-7 million dollars' worth of Carbon Credits available now based on the above ground biomass, and that number would climb as the timber grows! There are no conservation easements, wetland m...

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Directions

From Belhaven follow US-264 E for approximately eight miles. Turn left onto State Road 1302 then take a left onto New Lake Road. Turn left onto Gall Road. Property will be on your left.

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National Land Realty

Wilmington, NC

(843) 245-2639