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Tate Road

Reidsville NC 27320

92.24 ac.
Land
Currently for sale - view listing

Overview

*PROPERTY IS LANDLOCKED W/NO RECORDED EASEMENTS OR ACCESS* Great investment potential, hunting, timber, Forestry report available from 2025. Per report "most of the woodland on the tract is made up of 13 year old loblolly pine that originated from a timber harvest. A commercial thinning will be needed in approximately 5 to 10 years which could yield approximately $34,000 and a final harvest in approximately 20 years could yield approximately $185,000". NO SIGNS AT PROPERTY AND NO SHOWINGS DUE TO LACK OF ACCESS. Buyer is responsible for all due diligence regarding gaining access. Property is currently in Forestry Tax Deferment program which reflects low tax amount.

Features

92.24 ac. lot size
Land

Property history for Tate Road

2023
Sold
Undisclosed
07 Jul 2023 by Ryan Sharpe, of The Clearwater Group
2021
Sold
Undisclosed
09 Aug 2021 by Adam Hunnicutt, of The Clearwater Group
2020
Sold
$145,000
14 Dec 2020 by Larry Story, of TOTAL CARE REALTY, LLC

Happy sellers in Reidsville

84%
84% of sellers in Reidsville reported that their sale price either exceeded or met their price expectations.

Reidsville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Reidsville over the last 12 months.

Local market activity for land plots in Reidsville

In the last 12 months, 41 land plots similar to Tate Road, have been sold.

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