683.1 acre farm for sale outside of Leggett in Edgecombe County, North Carolina. The property includes two tax parcels (278.8 and 404.3 acres) spanning both sides of Highway 33. The farm features 241 acres of cropland, 142 acres of 2019 loblolly pine plantation, 297 acres of mid-aged and mature timber, 6,190 feet of frontage along Highway 33 and 7,600 feet of
frontage along Swift Creek.
The property generates an annual income of $45,000 from existing farm and hunting leases, which can be continued by the new owner. The southern parcel includes mid-aged and mature timber ranging from mature mixed hardwoods in the Swift Creek bottomland to mature and mid-aged pines and hardwoods on the
uplands. The timber has not been cruised, but a recent timber inspection estimates an approximate value of $250,000±. The 142 acre pine plantation on the northern parcel can be thinned in approximately eight years, producing another income for the new owner. Additional potential sources of income include sand mining and wetland mitigation on the southern parcel. $3,900,000
