386 Acre Will Cottle Lane Highway, Calypso, NC 28325 (MLS# 100066899)

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

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 Calypso. The town sewage system runs directly into the Northeast corner of the Property which lies within the town limits. This Property is situated within the unique 13-county territory ofthe North Carolina Global Transpark. The GTP is progressing in it's plan to be a multifaceted union of multi-modal transportation systems with state-of-the-art information and materials handling capabilities a visionary project that can serve as a springboard to success for literally decades to come, and yet, for all of its strategic promise, the GTP also represents a very good opportunity right now. Visit the GTP website to learn more about how this region of the country is attracting the future development of business and industry. Also available in this offering are two fine homes. The first is a very nice 5BR/3BA brick ranch country home with 3,272 sq ft of heated living space and attached garages. This wonderful brick executive home is absolutely full of features and craftsmanship. The first level revolves around a large kitchen, large breakfast area, all opening into a large family room. The home is replete with unique built-ins. The homes are serviced by a shared long tree-lined driveway. With this home there is also a 30X30 detached garage/outbuilding. Semi-secluded living with only one neighboring home. Great opportunity for upper management or executives to live onsite for hands-on oversight of your business operations. Great place for kids and animals in this semi-secluded setting far off a service road from the main Hwy 117 in Calypso. Secondly, a lovely smaller 3BR/2BA country home has a large family room, formal dining room, 2-car garage, back deck, a sunroom and a long front porch for enjoying a lazy afternoon watching the deer graze and the turkeys play in the surrounding lands and fields. This 1,896 sq ft home was built in 1992 and also comes with it's own outbuilding and the one nearby neighbor who has a nice brick home next door. In addition to helping solve some of your industrial and/or manufacturing needs, the beautiful crop farms and lands here in Duplin County, North Carolina create many pastoral scenes supporting peaceful lifestyles of a quiet countryside. The rich sandy soil in these fields will produce some of the best corn, soy beans, peanuts, blueberries, and vineyards found anywhere in the USA! Owner will consider selling the houses individually, separate from the land.

More Information MLS# 100066899

Contract Info

Status: Closed Marketing Start Date: 2017-06-08 Sub-Type: Agriculture Auction: No Listing Price: 1900000 Current Price: $1,800,000 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 Geo Lat: 35.14922 Geo Lon: -78.114804

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

Status Change Info

Under Contract Date: 2018-01-18 Sold Price: $1,800,000 Sold Date: 2018-03-28

Current Service Providers

Sewer Provider: City/Town Water Provider: City/Town

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 Lot Description: Dead End; Farm; Partially Cleared; Rural 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
Last Updated: October - 28 - 2022
386 Acre Will Cottle Lane Highway, Calypso, NC 28325- MLS# 100066899
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