Investment property near Merchants Mill Pond!
Located on the corner of Mill Pond Road and Silver Spring Road in Gatesville, NC this property has endless possibilities! It is currently being used as a timber investment tract but holds great potential for hunting due to the close proximity of Merchants Mill Pond and the surrounding timber parcels that allow it to hunt similar to a much larger tract. The timber could be thinned immediately to produce income and harvested in the next 5-8 years for additional income. With over 1650 feet of road frontage this property has the long term potential for residential development. The close proximity to Sunbury, NC, the intersection of Highway 158 and Highway 32 allow for easy travel to the surrounding areas including Elizabeth City, Edenton, Suffolk and the Outer Banks.
Southern swamp and hardwood forest mingle at Merchants Millpond State Park, adorning the landscape with massive bald cypress trees, beech groves, Spanish moss and exotic wildlife. Canoes and kayaks can be rented or visitors can bring their own for a unique paddling experience. Three types of camping are available at family and group campgrounds, primitive backpacking sites and three remote canoe-in campgrounds reached by paddling trails. The scenic pond is surrounded by picnic grounds, nine miles of hiking trails and a visitor center offering museum-quality exhibits. Some trail segments are open to biking. Fishing is available from the bank, or small boats (trolling motors only) may be launched at the boat ramp. (https://www.ncparks.gov/merchants-millpond-state-park)
The Great Dismal Swamp National Wildlife Refuge is the largest intact remnant of a vast habitat that once covered more than one million acres of southeastern Virginia and northeastern North Carolina. Formal protection of this resource began in 1973, when the Union Camp Corporation (a local forest products company) donated 49,097acres to The Nature Conservancy. The Nature Conservancy conveyed the donated land to the federal government, which, combined with additionally purchased land, was used to establish the Great Dismal Swamp National Wildlife Refuge in 1974.
If you happen to get the chance to visit Gates County, be ready to be spoken to, greeted on the street, and have people wave at you who you don’t even know. The pace of life here is slow so don’t rush through. Take the time to stop and talk to the people, have a bar-b-que sandwich and soda at one of the family restaurants. (http://www.gatescounty.govoffice2.com/index.asp?SEC=9FA438DA-A6A9-48BA-B015-DBA6C392FF0D&Type=B_BASIC)