394 KING RD

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394 KING RD

CASTALIA, NC 27816-9165
Asking Price
$1.79M
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans 87.84 acres of agricultural land in Castalia
  • Property includes a primary home and multiple detached buildings
  • Suitable for horse or cattle farming operations
  • Located at 394 King Rd in North Carolina
  • Offered for sale at a price of 1,795,000

What's Special

Castalia serves as a rural agricultural hub within North Carolina, offering a landscape defined by open acreage and traditional farming operations. This 87.84-acre parcel at 394 King Rd presents a significant opportunity for land acquisition in a region well-suited for livestock management and cultivation. The property features a primary residence alongside several detached buildings, providing functional infrastructure for immediate use. Given the expansive terrain and existing improvements, the site is particularly well-adapted for cattle grazing or equestrian operations. Investors and operators looking for a sizable agricultural footprint will find the layout conducive to diverse agricultural projects. The combination of established structures and extensive acreage creates a balanced environment for those looking to expand their farming portfolio in a quiet, expansive setting. Whether intended for large-scale livestock ventures or private agricultural pursuits, this land maintains the foundational elements necessary for ongoing rural development.

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NOI
$80,000
Cap Rate
4.46%
DSCR
0.75
Underwater
Cash-on-Cash
-4.93%
Monthly Payment
$8,880.681
Annual Cash Flow
$-26,568.167

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