297 Cooks Chapel Road

Investment Overview

±98.76-acre land opportunity located at the intersection of Hwy. 158, Warren Plains Road and Cooks Chapel Road in Norlina, NC. The property offers substantial frontage along all three roads, municipal water availability along Hwy. 158 and excellent highway visibility. Portions of the property are currently under cultivation, with pine plantations located on a portion of the tract. Positioned within the path of growth, the property offers potential for future development or recreational use. An occupied farmhouse on the property currently provides rental income.

Investment Highlights

• ±98.76 acres
• Water available along Hwy. 158
• Portions of the property are currently under cultivation
• Pine plantations are located on a portion of the tract
• No conservation easement is currently in place; a future easement may provide potential tax benefits, subject to applicable requirements
• Existing farmhouse is occupied and provides rental income
• Four-way flashing red light at the intersection of Warren Plains
• Road and Hwy. 158, creating a prominent future commercial corner
• Potential recreational retreat located within the path of growth and positioned for future development
• Warren County has the largest water frontage on Lake Gaston
• Zoned AR, allowing for 20,000-square-foot lots with septic and public water infrastructure
• Sale price: $7,500/acre