167.6± acre farm for sale in southern Halifax County, North Carolina. The farm features 74 acres of cropland, 7, 560 feet of frontage along Highway 481 and Spell Branch Road, 46 acres of 21 year old timber, and 47 acres of 36 year old timber. The timber is comprised of mixed hardwoods and loblolly pine. The southern stand is nearing maturity, while the northern stand will mature in 20± years. The new buyer could harvest the timber immediately or allow it to mature. Several ATV paths provide access through the northern timber stand. The northern boundary is a stream with some flooded and semi-flooded areas, while another stream with some flooded land is near the southern boundary. A buried natural gas line travels through the property near the southern boundary and also near Highway 481/Spell Branch Road. The farm benefits from low property taxes through the Forestry/Agriculture Present Use Value program. This tax status can transfer to the new owner at closing, providing significant property tax savings. The farm includes a small watering hole and several old farm buildings. Located less than 2 miles to Interstate 95, 15 miles to the Rocky Mount area, 20 miles to Nashville, and 48 minutes to east Raleigh at I-540.
