Seldom is a property of this scale and this potential available for purchase
Denver, Colo. (PRWEB) July 14, 2012
Investor interest in farmland is continuing unabated, driven by agriculture’s strong fundamentals. However, very few – if any – available properties offer the combination of size, location, and development potential that characterize this opportunity in the Eastern U.S.
“Seldom is a property of this scale and this potential available for purchase,” said Bart Miller, managing broker of United Country – Mason & Morse Ranch Company. “The Hyde County Farm is one of the largest contiguous tracts of farmland offered in the Eastern United States, and offers excellent investment potential.”
Located in Hyde County, these 14,600 acres constitute the largest contiguous tract of agricultural land for sale in North Carolina. A former timber farm, it is now ready for conversion to row crops. Approximately 3,000 acres are currently being cleared and will be ready for agriculture use in the 2013 crop year. The fields immediately adjacent to this property are highly productive farmland with crops such as corn, soybeans, cotton, wheat and grain sorghum.
This property lies close to multiple markets available for grain, including Rose Acre Farms in Pantego, Lake Phelps Grains in Swan Quarter and Creswell, and Riverside Grains in Washington – all located within a 50-mile radius. This area of North Carolina generally has a better basis than many other parts of the country – corn basis is usually 40 to 60 cents better than in the Midwest.
Hyde County is the home to many large farm operators, and an investor will be able to find several potential renters for the farm who are both financially sound and sophisticated producers.
For more information on this Hyde County acreage, contact United Country – Mason & Morse Ranch Company at 877-207-9700 or visit http://www.Ranchland.com.
About United Country – Mason & Morse Ranch Company
“Ranches Farms Land Sales” – http://www.ranchland.com, affiliate of United Country Real Estate, is a leading provider of ranch, timber and farm marketing services across the western United States. Founded in 1998, in the Roaring Fork Valley of Colorado, the company specializes in the sale of premier ranches, farms and recreational land across the western United States. Combined, Mason & Morse Ranch & Ranch Company agents offer their clients more than 133 years of experience in ranch, farm and recreational real estate sales. Recently recognized by The Land Report as one of America’s Top Brokerages. “Spring Edition - 2012 Featuring America’s Top Brokerages.”
Mason & Morse Ranch Company - affiliate of United Country - is separately owned and operated from Mason Morse Real Estate of Aspen, Colo.
About United Country
United Country Real Estate is the largest fully integrated network of conventional and auction real estate professionals in the United States and Central America. The company has been an innovator in real estate marketing since 1925. United Country supports nearly 550 offices across the U.S., Costa Rica, Panama and resort areas of Mexico, with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing websites (more than 3,000 separate sites and traffic of approximately 3 million visitors per month), multiple United Country real estate catalogs with national distribution , an extensive buyer database and national advertising of local properties that reaches more than 90 million homes per week. United Country has recently been recognized by Franchise Business Review, AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.