Property Description

This 140 acre mixed use investment property is located in Perquimans County which is on the north side of the Albemarle Sound in the Northeastern region of North Carolina. It has 2850 feet of frontage on Ocean Highway S (Hwy 17). That's a substantial amount of visibility on the main north/south transportation artery in eastern North Carolina. There are multiple access points onto the property from the northbound lane and because of a crossover cut in the median, it can be accessed directly from the southbound lane as well. That's a huge asset for any of the multiple use possibilities available here. Truly an excellent location. It's almost exactly halfway between the coastal waterfront towns of Hertford and Edenton. Edenton has been voted one of the prettiest small towns in America. >Hertford, NC 6 Miles >Edenton, NC 7 Miles >Elizabeth City, NC 22 Miles >Chesapeake, VA 58 Miles >Greenville, NC 69 Miles >Outer Banks, NC 70 Miles The property is almost evenly split between farmland and woodland, 68 acres cleared and 72 acres wooded. The cleared land is productive farmland and is currently being farmed by the owner. As depicted on a map in the gallery, the first 500 feet of farmland along the highway is zoned for commercial and industrial uses which opens the door to a wide variety of uses besides agriculture. Among other things, the remaining cleared land has residential and recreational value as well. The 72 acres of wooded land was clearcut and allowed to naturally regenerate. It's come back mostly in pines with many of the trees being in the 12' to 15' range. The possibility of a future timber harvest also adds to the investment value. 72 acres is ample space for multiple food plots and shooting lanes. There are high deer and turkey densities in the area and black bears, small game and plenty of doves if you like wing shooting. It's a clean slate. There are no buildings or improvements on the property. If you or a client is looking for a piece of investment property in the path of progress I would love to sit down and talk with you about the many possibilities this tract has to offer.