Prime Investment Property in Southwestern Alamance County. 32.25 acres of planted pines ready for first thinning. Also ideal for a home site. Only minutes away from the new, Greensboro/Randolph County Mega Site. Great road frontage!
35.25 acres of timberland for sale located on Garrett Road in southwestern Alamance County. The property is three tracts being sold as one. One parcel, 20 +/- acres is on the west side of Garrett Road and has roughly 1,475 feet of road frontage. The other parcel, 14 +/- acres is on the east side and has approximately 350 feet of road frontage.
This property would make a great investment in several ways. First, investing in the merchantable timber present on the property would be a good long-term investment. The tract has planted loblolly pines that are in the fifteen year old range and are ready for a first thinning. The pines are eight to ten inches in diameter at breast height with tree height approximately 30-35 feet tall. However, the timber has not been professionally managed. The network of old logging roads are still visible. A buyer could get some return on their investment at first thinning. Another, return around five to seven years on a second thinning, then some return at final harvest in ten to fifteen years.
The second investment is in the location of the property. Located only a few miles and minutes from the new Greensboro/Randolph Mega Site, this property lies in the possible path of growth from the Mega Site.
Per the Greensboro-Randolph Mega Site officials, the Triad region is pursuing an economic development opportunity that may bring thousands of new jobs to the community. The site is planned as the home for a major employer providing new manufacturing jobs that would benefit the entire region.
The site, which encompasses nearly 1,500 acres, is located near the town of Liberty in Randolph County and about 30 miles southeast of Greensboro, adjacent to U.S. 421 and within 10 miles of Interstate 40.
Thirdly, this property is a good investment in building that dream home you’ve always been wanting. The larger tract on the west side of Garrett Road, has a slight knoll located on the southern end of the tract which would make a nice home site. See the topography map accompanying photos of property.
However, there are some protective covenants on the property. No mobile homes. Home must be stick built on site or off -frame modular construction built to the NC building codes. The home can have no less than 1,500 square feet of heated living space, excluding porches, garages and decks. The 20 +/- acres on west the side of Garrett Road can be subdivided, but no more than three lots. The 14+/- acre tract on the east side of Garrett Road cannot be subdivided.
If you like to deer hunt, there is sign of deer throughout the property. There are several places on the property that could be good for tri-pod feeder sites.
Come enjoy the quietness of country living, but have the convenience of the small town of Liberty minutes away and the city of Burlington only 20 minutes north on Hwy 49 or Greensboro 30 minutes north on U.S. 421. Other cities close by are Asheboro, Randleman, Siler City and Pittsboro.