$986,790
For Sale

111 Acres Hobgood Road

Rougemont, NC 27572
111.00 acres | #10032604
Browse 65 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

111 acres of merchantable timber roughly 13 minutes west of Oxford town limits! This is a great opportunity to invest in Granville County Rougemont in a low inventory market. Hobgood Rd divides the property into roughly 75 acres on the west and 36 acres on the east. PHOTOS 1-30 SHOW THE 36 ACRES. PHOTOS 34-61 SHOW THE 75 ACRES. PHOTOS 62-65 SHOW THE PROPERTY LINES.
The seller is willing to discuss subdividing one side vs the other with the survey at the buyer's expense. The majority of the timber is in pines roughly 35 years old having been thinned twice with a few hardwood blocks as well.
There's multiple trails and maintained logging roads in place with a few open field areas that would perfect for food plots or even a custom home site. A creek borders the west side of the 75 acres and a portion of the east side of the 36 acres borders Cub Creek as well as having a 1.3 acre pond that can be seen from Hobgood Rd.
The property as a whole supports great wildlife habitat and deer, turkey and small game are abundant. With proper management the pond would do well for wood ducks.
Over 1,090 feet of road frontage on the 36 acre side and over 980 feet on the 75 acre side. Durham can be reached in roughly 20 minutes and Wake Forest in 40.

  • Property Details
      • Lot FeaturesMany Trees
      • Lot DescriptionMany Trees
    • Measurements
      • Acres111
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available
      • Sewer InformationSeptic Needed
      • Utility SourceNeed Well
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • High SchoolGranville - Granville Central
      • Elementary SchoolGranville - West Oxford
      • Middle SchoolGranville - N Granville
      • CountyGranville
  • Financial Details
      • Taxes Annual$0
  • Other
      • MLS #10032604

Location

Lindy Muse | NorthGroup Real Estate Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00