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0 Elijah Loftin Road, Kinston, NC 28501

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For Sale
Sale Pending

$329,000

71.66 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 71.7 acres
    Lot size

Explore this Property

71.66 Acres of Multi-Use Timberland For Sale in Lenoir County, NC! Take a look at this beautiful tract of land located in Lenoir County, just outside of Kinston. This property features approximately 1,130 feet of road frontage on Elijah Loftin Road. There is one section that is roughly 80 feet and the other section of frontage is roughly 1,050 feet. The soils are well drained and none of the property is encompassed in the FEMA 100 or 500 year floodplain. Also, there aren't any wetland areas present. The land is level and the elevation is at approximately 80 feet above sea level. The timber consists of thinned, managed pines and is an ideal place to park money into a sound investment property. There is enough acreage present where various timber management practices could be implemented to stagger the income from timber harvests over a longer time period. With some clearing, there is the possibility of a secluded homesite or two. It would also be a fantastic hunting and recreational property as well. Whitetail deer, as well as wild turkey are very common in Lenoir County and there is more than enough acreage to establish roads and a trail system. There is also the potential for commercial zoning and development. As Kinston continues to grow, properties in close proximity to there, especially along the Highway 58 corridor, will become popular places to develop. From this property, you are only 10 minutes from Kinston, 30 minutes from New Bern, 15 minutes from Trenton, and less than one hour from Emerald Isle. Southwood Elementary School is less than a half mile from the property. While this property features frontage on Highway 58, you are in close proximity to Highway 70 and Highway 258, making accessing the property an ease from anywhere. In addition to the continuation of timber management, there is potential for commercial zoning and development, as well as conservation easement enrollment, and residential development.
MLS# 100466641

Courtesy Of NC LAND AND FARMS

(252) 480-5263

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    71.66 Acres

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Directions to 0 Elijah Loftin Road, Kinston, NC 28501

Home seller CENTURY 21 The Realty Group

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(252) 355-7800
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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