4.18 Acres in Franklin County, NC

Lot Description

Owner Financing Available. (see details below)

Between Rocky Mount and Centerville, this easy-access property offers that trademark countryside peace and privacy, and tremendous value.

Property Overview:

Address: 1143 Reed Rd, Castalia, NC 27816

Size: 4.18 Acres

Key Features:

Tested and Passed for Traditional Septic

Manufactured/Modular Homes Ok

Paved Road Frontage

Power along Road

Very Buildable: Mostly Flat, No Floodplain or Wetlands

Priced about 13% Below Market

PROPERTY: Come enjoy the quiet beauty of the countryside on this 4.18 acre property in Franklin County, North Carolina, just half an hour from Rocky Mount. With nearly 500 feet of paved frontage along Reed Road, a power-lined public highway, access is simple while still giving you that wide-open rural feel. The land is mostly flat and completely free of floodplain or wetlands obstructions, making it a dream to build on, whether you're planning your forever home or a weekend retreat.

This property has already been tested and approved for a traditional septic system, saving you time and hassle. Its Agricultural Residential zoning is refreshingly flexible, allowing for both Class A and B manufactured homes, so you can build what works best for your lifestyle.

Step outside and you'll see why people fall in love with this part of Franklin County-deer and wildlife are abundant, the nights are quiet, and the skies stretch wide and clear. At the same time, you're only seven minutes from Centerville for everyday essentials, and taxes here are delightfully low-just $360 last year.

Best of all, this land is priced about 13% below market, offering you a rare chance to own a larger tract at real value. If you've been looking for that sweet spot where peace and convenience meet, this is it-an inviting piece of land where you can put down roots and enjoy the simple things. Grab it today at an unbeatable Acretown price.

Call, text, or email Scott if you have any questions or would like to make an offer. If you're a Spanish speaker, please ask for Andy on our team and he'll be glad to help you. We've posted a lot of info below - including critical instructions for visiting the property - so please keep reading.

Property Description:

Address: 1143 Reed Rd, Castalia, NC 27816

Size: 4.18 acres

GPS Coordinates: 36.148766, -78.046808

Full Legal Description: Available upon request

Plat Map/Survey: Available upon request

Title: General Warranty deed (clean - no back taxes, no liens)

Dimensions: starting at SW corner, 477' NE (along road) x 609' SE x 279' SW x 466' W to Pob

Floodplain: none

Wetlands: none

Elevation: 282 feet

Terrain: mostly flat, some gently rolling

Condition: undeveloped, wooded

Access: 477 feet of direct frontage on Reed Rd, a paved public road

Power: available along the road thru Duke Energy

Water: well would need to be installed

Wastewater: just tested and passed as suitable for traditional septic

Taxes: $360.13 in 2024

Hoa: none

DEED Restrictions: none

ZONING: AR - Agricultural Residential

manufactured/modular/mobile homes OK (class A and B)

Some commercial uses OK w/permit (gas station, campground, auto shop, and more)

Inquire for Full Restrictions

School District: Laurel Mill (Elementary), Terrell Lane (Middle School), Louisburg (High School)

NEAREST Cities: Centerville, Rocky Mount, Raleigh

NEAREST Airports: Rocky Mount Regional (37 mins), Raleigh-Durham International (1 hr 23 mins)

Visiting the Property

You can go view the property at your convenience - owner does not need to accompany. Please call/text us to let us know you're heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We'd appreciate a couple hours notice if possible.

Driving Directions: Simply enter your starting point to get step-by-step directions.

You can navigate to the following GPS Coordinates: 36.148766, -78.046808

Local Attractions

Located in a “postcard” pocket of North Carolina, this property is perfectly situated near popular local attractions offering a variety of recreational options. Medoc Mountain State Park is a standout, known for its scenic trails ideal for hiking, horseback riding, and birdwatching, as well as peaceful fishing spots along Little Fishing Creek. Lake Royale provides an inviting atmosphere for boating enthusiasts, swimmers, and those who enjoy relaxing lakeside afternoons. For families, V.E. and Lydia H. Owens Recreational Park at Bull Creek is a local favorite, featuring walking paths, playgrounds, and sports fields set within beautiful natural surroundings. Daily essentials are available in Centerville just 7 minutes away, and when you need the full spectrum of big box shopping, head to Rocky Mount about a half hour southeast. For big city action, Raleigh is within easy reach, combining modern energy with southern charm.

OWNER Financing: We do offer owner financing under the following terms:

Owner Financed Price $88,800

Down Payment $19,000

Monthly Payment $992.55

Term 10 years (120 months)

Interest Rate 10.9%

No Pre-Payoff Penalty.

Call, text, or email Scott if you'd like to discuss an offer. If you're a Spanish speaker, please ask for Andy on our team and he'll be glad to help you.

For Sale by Owner: We are investors, and are selling this lot For-Sale-By-Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a Realtor, then you're welcome to have them contact us on your behalf.

Why Are You Selling It So Cheap? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that's our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly…and more of it. In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).

Disclaimer: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyers responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable usage for the property. We are happy to help however we can.