Catchmark III

A spectacular property located just minutes outside of Carthage, the Catchmark Offering presents an exceptional opportunity for a wide range of buyers. The Catchmark Offering is being marketed as four separate purchase opportunities. As a whole, the offering consists of approximately 707.5 total acres. The seller will consider all offers on this listing, with serious consideration given to offers submitted on the property as a whole.

Located at the intersection of Wadsworth Road and Old River Road, Catchmark III consists of approximately 76.8 acres with more than 8,800 feet of road frontage, offering exceptional accessibility and multiple options for future use.

Conveniently situated only minutes from the Sheetz, Bojangles, and Hardee's at the intersection of NC Highway 24/27 and US Highway 15-501 in Carthage, this property offers an excellent combination of accessibility, convenience, country feel, and development potential.

Whether you are searching for a hunting retreat, a private rural homesite or farm, or land with development potential, Catchmark III offers a unique opportunity only 20 minutes from Sanford and Southern Pines, and less than an hour from Raleigh.

The property also represents an exceptional timberland investment opportunity. The entirety of Catchmark III consists of well-managed loblolly pine plantations ranging in age from approximately 28 to 37 years old. These mature pine stands contribute significant current value while also providing the future owner an opportunity to recapture a portion of their investment through a timber harvest after closing. In addition to the investment potential, the existing timber enhances the overall aesthetics, privacy, and wildlife habitat throughout the property.

The property is currently enrolled in the Moore County Present-Use Value program for forestry, which provides a reduction in property taxes. The buyer shall assume responsibility for any deferred or rollback taxes if the property becomes ineligible for the program following the transfer of title.

PROPERTY FEATURES:

Road Frontage
Timber Investment
Development Potential
Secluded Setting With Accessibility