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541 Pleasant Grove Church Rd

92.57 Acres of Commercial Land Offered at $920,000 in Mount Gilead, NC 27306

Investment Highlights

  • 92 +/- Acres
  • Hurley Dam with a hydroelectric facility
  • Timberland Investment Property

Executive Summary

+/- 92 acres Timberland investment property. Located on the property is the Hurley Dam which has a hydroelectric facility that can produce approximately 600 kilowatts with two induction generators. Come enjoy the views of approximately 5,000 feet of frontage on the Little River. The property is completely wooded with mature pine and hardwood. Excellent recreational property as well. Survey Pending. All inquiries are to be directed to broker Matt Wimberly.

Property Facts Under Contract

Price $920,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Timberland
Total Lot Size 92.57 AC

1 Lot Available

Lot

Price $920,000
Price Per AC $9,938
Lot Size 92.57 AC

92.57 +/- Acre Timberland Investment Property with approximately 5,000 feet of frontage on the Little River.

Description

+/- 92 acres Timberland investment property. Located on the property is the Hurley Dam which has a hydroelectric facility that can produce approximately 600 kilowatts with two induction generators. Come enjoy the views of approximately 5,000 feet of frontage on the Little River. The property is completely wooded with mature pine and hardwood. Excellent recreational property as well. Survey Pending. All inquiries are to be directed to broker Matt Wimberly.

zoning

Zoning Code Residential 3
Residential 3
  • Listing ID: 30448054

  • Date on Market: 12/27/2023

  • Last Updated:

  • Address: 541 Pleasant Grove Church Rd, Mount Gilead, NC 27306

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