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386 Acre Will Cottle Lane Highway, Calypso, NC 28325

$1,800,000
Property Type: Land Lot Size (sq. ft.): 16,814,160 Status: Closed
Current Price: $1,800,000 List Date: 1/18/2018 Last Modified: 10/28/2022

Overview

Description

This Property is an excellent +/- 386 acre tract of land located in rural, industrial Duplin County in southeastern North Carolina, just two miles east of Wayne County. Location: The Property lies along four-lane interstate connector NC Hwy 403, just 2.5 miles from the interstate (I-40), and 77 Interstate miles (1 hr, 14 min) to the Port of Wilmington, NC. It comes with infrastructure in place for the successful location or relocation of your growing industrial/manufacturing business. Complete with water and sewer, electric, natural gas, railway, four-lane highway connector to Interstate 40, executive 5-bedroom brick home, and smaller 3-bedroom operations manager home. Duplin County offers attractive tax credit incentives for your large employee status.

Supplements: Develop your own industrial park selling off parcels you don't need to other growing businesses, making this site not only a valuable asset for your business, but an income producer for you as well. Although the bulk of the Property lies outside the town limits, all of the Property is in the ETJ (Extra Territorial Jurisdiction) of the town of Calyp ...

Listing Details MLS# 100066899

Contract Info

Marketing Start Date
2017-06-08
Sub-Type
Agriculture
Auction
No
Listing Price
1900000
List Price/Acre
4922.28
Stipulation of Sale
Standard

Location Information

Street #
386 Acre
Modifier #
215
Street Name
Will Cottle Lane
Street Suffix
Highway
County
Duplin
State/Province
NC
Zip Code
28325
City Limits
No
Marketing City
Calypso
Subdivision
Duplin
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Take I-40 Exit #355. Take NC Connector Hwy 403 (also Hwy 117) to bypass Faison and go to just East of Calypso. Turn Right onto Hwy 117. Go about 4/10 mile and turn Right onto a little service road, curve Left onto Will Cottle Lane, land is all around you at this point.
Sign on Property
No

Property Exterior Info

Acres - Total
386
Acres - Cleared
225
Acres - Wooded
161
Lot SqFt
16814160
Deed Restriction
No
Total Road Frontage
9504
Waterfront
No
Waterview
No
Location Type
Mainland

Legal and Taxes

Tax Assessed Value
1298600
Deed Book
1530
Deed Page
214
Legal
Three deeds. Books/Pages 1530/214, 1577/674, 1530/221. Add'l PIN #'s 256104515411, 256100405834
Broker Owner
No
PID
256000384849
Tax Identifier
256000384849
Special Assessments
NA
Deferred Taxes
Yes
Tax Year
2017
Zoning
City & ETJ
HOA
No
Cobra Zone
No
Flood Zone
No
Elementary School
North Duplin
Middle School
None
High School
North Duplin Jr-Sr
Total City Real Estate Property Tax
0
Plat Book
No
Plat Page
No

Status Change Info

Under Contract Date
2018-01-18
Sold Date
2018-03-28

More Information

Current Service Providers

Sewer Provider
City/Town
Water Provider
City/Town

Current Use

Agricultural
Yes
Farm
Yes
Residential
Yes

Bldgs on Property

Garage
Yes
Main House
Yes
Storage
Yes

HOA and Neigh Amenities

No Amenities
Yes

Soil Evaluation

Soil Evaluation - No
Yes

Topography

Cleared
Yes
Cleared/Partial
Yes
Level
Yes
Marsh/Wetland
Yes
Undeveloped
Yes
Wooded
Yes

Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Farm Credit
Yes

Fencing

None
Yes

Fuel Tank

None
Yes

Environmental Hazard

No
Yes

Lot Description

Dead End
Yes
Farm
Yes

Road Type/Frontage

Deeded Right of Way
Yes
Maintained
Yes
Paved
Yes
Public (City/Cty/St)
Yes
Service Road
Yes
See Remarks
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Sewer

Community Sewer
Yes
Septic Tank
Yes

Water Source

Community Water
Yes

Property Features

Current Use: Agricultural; Farm; Residential Bldgs on Property: Garage; Main House; Storage Soil Evaluation: Soil Evaluation - No Topography: Cleared; Cleared/Partial; Level; Marsh/Wetland; Undeveloped; Wooded Fencing: None Fuel Tank: None Environmental Hazard: No Utilities: Sewer Available; Water Available Sewer: Community Sewer; Septic Tank Water Source: Community Water HOA and Neigh Amenities: No Amenities Terms: 1031 Exchange; Cash; Conventional; Farm Credit
Listing Office: Southland Properties
IDX
Last Updated: October - 28 - 2022
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