Pittsboro Hwy 64 Tract

194 Acres, Chatham County, NC | $4,856,125

New

194 acres located just west of the Highway 64 bypass on the edge of Pittsboro, NC in Chatham County. A contiguous 129 acres to the south is also available. Click here for more info:  Turn Key Way Tract. The location of this property is ideal for a residential, single family subdivision (Zoning R-1), with the possibility of commercial uses as well. The property has frontage and excellent visibility along Highway 64 with easy access at the intersection of Highway 64 and Turn Key Way/Renaissance Drive. The property contains very favorable soils for private septic systems and could potentially support 1 house per acre (soils not evaluated). A county water line is about 2,500 feet from the property. There is also a forced sewer main along Highway 64, but it has limited access/capacity as of today. Contact Chatham County for more details and potential uses in the future. Chatham County is growing very rapidly and this property would be an excellent investment to hold or develop.

The current owner is managing the property for long term timber production and the land is currently enrolled in the Forestry Present Use Value program that reduces the yearly property taxes. This program can be continued with a new owner to allow continued tax savings. The timber includes 74 acres of 5 year old planted loblolly pines and 118 acres of mature, mixed hardwoods and pines.

The property includes 4 tax parcels: 0073451, 0072863, 0082293 & 0012488

A contiguous 129 acres to the south is also available. Click here for more info:  Turn Key Way Tract

Property Features


  • 194.245 acres, all wooded
  • 4,400 ft of Hwy 64 frontage
  • Residential development potential
  • Good percing soils: GaB, GaC & GkD
  • County water within 2,500 feet
  • Forced sewer main along Hwy frontage
  • Commercial potential with two highly visible corners at an intersection with Hwy 64
  • Flat to rolling topography
  • Under Present Use Value – new buyer can assume the farm and forestry use to save property taxes
  • 118 acres of mature pine/hardwood
  • 74 acres of 5 year old planted loblolly pine
  • 4 miles to Pittsboro, NC circle

Uses


Residential/Commercial development, estate homes, hunting/recreation, timber management, investment

Directions


From Pittsboro, NC: Take Hwy 64 west towards Siler City, NC. Property will be on the left at the intersection of Hwy 64 and Turn Key Way.  GET DIRECTIONS

Coordinates


Keith Brouillard

919-906-2807, cell
keith@carolinaforestry.com

314 W. Millbrook Rd., Suite 121
Raleigh, NC 27609

919-510-4663 office
www.carolinaforestry.com

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