Description
278.8 acre farm for sale outside of Leggett in Edgecombe County. An additional 404.3 acre farm is available on the south side of Highway 33, see MLS 10140897. The farm features 117 acres of cropland, 142 acres of 2019 loblolly pine plantation, and 3,950 feet of frontage along Highway 33. The property generates an annual income of $24,117 (approximate) from existing farm and hunting leases, which can be continued by the new owner. The 142 acre pine plantation can be thinned in approximately eight years, producing another income for the new owner. The cropland is comprised of loam and sandy-loam soils, including Dga, Ro, GoA, NoA, RaA, and WaB soil types. Due to the wet spring, the fields were left fallow, but they will be planted in the Spring of 2026. Access throughout the farm is provided by miles of truck/SUV roads and smaller ATV paths. The property 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. County water and electricity are located along the road front. Sewer is located about ½ a mile toward Leggett. The farm is located 8 miles to Tarboro and the Kingsboro Mega Site, 15 miles to Rocky Mount and 20 miles to Interstate 95. Under a hunting lease. From October 1 through January 1. Showings must be set up through the agent and done mid-day during hunting season.
Details
| MLS # | 10140896 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Days On Site | 283 |
| Listing Provided By | Carolina Forestry & Realty | Rodney Finkbiner |
Features
| Zoning | AR-30 |
|---|---|
| Acreage | 278.80 |
Utilities
| Utilities | Electricity Available |
|---|---|
| Sewer | Septic Needed |
Taxes
| Tax Assessed Value | 723000 |
|---|---|
| Tax Legal Description | bowers, north |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Edgecombe |
| City | Tarboro |
| Zip Code | 27886 |
| Area | Edgecombe |
| Community Name | Not in a Subdivision |
| School District | Edgecombe County Schools |
| Elementary School | Edgecombe County Schools |
| High School | Edgecombe County Schools |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,310,360 low | high Med: $310,000 On site: 283 low | high Med: 37 | |
Market Activity 27886
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Learn More About This Property
| State | NC |
|---|---|
| County | Edgecombe |
| City | Tarboro |
| Zip Code | 27886 |
| Area | Edgecombe |
| Community Name | Not in a Subdivision |
| School District | Edgecombe County Schools |
| Elementary School | Edgecombe County Schools |
| High School | Edgecombe County Schools |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,310,360 low | high Med: $310,000 On site: 283 low | high Med: 37 | |