62.54 Acres Newsome Road, King, NC 27021

$1,200,000
List Price
$1,200,000

Property 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.

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Calculator source: Real Geeks

Listing courtesy of Century 21 SmithLove Realty.