Cheryl Mooney - Coldwell Banker Triad
62.54 Acres Newsome Rd
King, NC 27021

$1,200,000

Description

Includes a signed Solar Farm Lease with annual increase. Selling price nets a ROI of 5.2% and growing annually, per the lease agreement, with no property tax, also per the lease agreement. The lease has been signed and lease payments have started.

Details

MLS#874315
Sub-TypeResale
StatusActive
Days On Site228

Features

ZoningNA
Acreage62.54

Market Activity 27021

Loading Form

Loading Form

Area Information

StateNC
CountyStokes
CityKing
Zip Code27021
AreaStokes
Listing VS Median (in 27021)
Price:
$1,200,000
low | high
Med:
$149,900
100% of Average
On Site:
228
low | high
Med:
4
100% of Average
Listing Updated: 09/23/2018
MLS Number: 874315
Listing Provided By:
Kent Hunter  of  Century 21 SmithLove Realty