Why You Should Buy Land in North Carolina

North Carolina is booming. Not only is this southeastern state one of the nation’s top producers of various crops and livestock, but it has also become a major economic and educational hub. The Charlotte metropolitan area now ranks as one of America’s most influential banking sectors, and Research Triangle Park is a major center for technological innovation.

Why buy land for sale in North Carolina?

 

 

But it’s not just business that makes North Carolina a valuable state to own lots, properties, and a house in. Many retirees move to a North Carolina town or city to take advantage of the state’s serenity, scenery, and mild temperatures. Hunters, fishermen, and hikers will find plenty of opportunities for relaxation and recreation in North Carolina’s great outdoors. These factors help explain why North Carolina’s land value has increased with each passing year.

The benefits of buying land in North Carolina

North Carolina has many desirable traits in a diverse array of sectors. For starters, this state has always been a powerhouse in the agricultural industry. To this day, North Carolina farms export numerous plants such as tobacco, cotton, and soybeans. This state is also well-known for its livestock ranches, especially pork and broiler meat. Many high-profile food processing companies like Tyson and Campbell’s have significant operations in North Carolina.

Outside of the agricultural sector, North Carolina is influential in technology, banking, and education. The cities of Charlotte and Raleigh are growing at a rapid pace as more professionals move to the region.

Beyond job opportunities, people are attracted to North Carolina’s many recreational activities. This state is home to many timber forests, wildlife, and fishing-friendly lakes, rivers, and ponds. Also, since North Carolina is on the Atlantic coast, residents have access to phenomenal beaches like Emerald Isle and Bald Head Island. Add in a mild subtropical climate, and you can see why many people want to buy North Carolina land.

The process of buying land in North Carolina

The easiest way to buy land in North Carolina is to work with a professional land broker. People who are familiar with North Carolina’s zoning and permitting laws will ensure you have all your paperwork in order whenever you decide to purchase acreage.

The different types of land available in North Carolina

North Carolina has many different land type listings to choose from, including mountainous terrain, fertile farmland, residential areas, cities, and coastline. Finding the best North Carolina land type will depend on how you want to use your investment. For instance, those interested in agriculture should focus on land areas known for farms, such as the following counties:

By contrast, those looking for opportunities in North Carolina’s professional sector should focus on land around the city of Charlotte. A few counties to look into include:

All of these areas are prime territories for those interested in residential homes and real estate development.

For those who want to enjoy their time in North Carolina, you may prefer land near North Carolina’s mountains, beaches, or public parks. Be sure to research your county’s recreational opportunities to see if they suit your lifestyle.

The climate of North Carolina

Aside from North Carolina’s mountainous regions, most of this state falls in the humid subtropical zone. You should expect hot and sticky summers and mild winter seasons. Also, since North Carolina is on the Atlantic coast, it is prone to hurricanes. Double-check the insurance policies and average flooding rates in your county before buying North Carolina land.

 

The history of North Carolina

Before European settlement, North Carolina was home to many Native American tribes like the Cherokee and Occaneechi. England’s Walter Raleigh first arrived in North Carolina in 1587, and this state became one of the original 13 colonies in 1729. North Carolina has long been associated with its agricultural industry, especially tobacco and cotton farming. In the early 1900s, North Carolina became famous for technological innovation thanks to the Wright brothers’ famous flight in Kitty Hawk.

The economy of North Carolina

Initially, North Carolina was best known for three staple products: tobacco, timber, and cotton. While the Tar Heel State is still well-known for its agriculture, its economy has expanded significantly throughout the 20th century. North Carolina is now one of the nation’s largest producers of livestock (especially pork) and soybeans. The cities of Charlotte and Raleigh have also become significant hubs for higher education, technology, and banking. A few major companies with headquarters in North Carolina include Honeywell, Bank of America, Lowe’s, and Family Dollar.

The culture of North Carolina

North Carolina’s community and culture is highly reflective of the traditional American South. Many locals enjoy fun nature activities and sports with friends, like hiking, fishing, kayaking, and wildlife viewing. North Carolina is also well-known for its pro-business policies, which have helped cities like Charlotte grow significantly in recent years. In terms of music, North Carolina is well known for its contributions to folk, country, and bluegrass genres. North Carolina is also famous for its exceptional Southern cuisine, which prominently features BBQ and seafood.

The geography of North Carolina

There are technically three regions in North Carolina: the western mountains, the central Piedmont Plateau, and the Atlantic coast. You’ll find all of North Carolina’s highest mountains in the state’s western half. As you continue moving east, the elevations will flatten out till you reach the state’s Atlantic beaches.

The wildlife of North Carolina

North Carolina is home to animals of all shapes and sizes. From rabbits and racoons to white-tailed deer and wild turkeys, there’s a lot of wildlife in this state. People interested in hunting could check the North Carolina Wildlife Resources Commission for information on official hunting seasons. Please be aware that North Carolina has a large black bear population.

In addition to mammals, North Carolina is well known for its fishing opportunities. There are many freshwater fish in North Carolina, including black bass, catfish, striped bass, and bluegill.

What is the total cost of the land?

According to data compiled by North Carolina State University, the cost per acre of North Carolina agricultural land ranges between $4,000 – $5,000. As North Carolina becomes increasingly attractive to businesses, farmers, and retirees, the price per acre has steadily increased by realtors. However, please remember that past market performance can’t predict the future value of North Carolina land and location always plays a role.

What is the soil like?

There are hundreds of soil types throughout North Carolina, but Cecil soil is the most prominent in the central agricultural zone. Most of North Carolina’s farmers rely on Cecil soil’s rich nutrients and excellent drainage to grow crops like tobacco, soybeans, and cotton.

What kind of vegetation is on the land?

Traditionally, North Carolina had been closely associated with tobacco and cotton. While these crops still grow well in North Carolina, local farmers have added more plants to their seasonal rotations. Soybeans and corn are particularly important to North Carolina’s current agricultural industry. Other crops you could find in North Carolina include blueberries, cucumbers, peanuts, and CBD-rich hemp flowers.

Is there water on the land? If so, what is the quality of the water?

North Carolina has dozens of clear lakes and ponds, including the massive Lake Mattamuskeet in Hyde County. There could be water on your North Carolina land, so it’s always important to survey the area before making a purchase. Also, please remember that North Carolina has a history of coal ash in its water supply. While state authorities continue to test for particulates in the water supply, health advisors strongly recommend using a filtration system if you plan to drink from the tap.

What are the zoning regulations in North Carolina?

In most residential areas, North Carolina follows the standard R1 zoning restrictions. You can find more information on the state’s stance towards zoning in the state’s Chapter 160D, Article 7. For more specific guidance on zoning in North Carolina, you must check with your local county.

What are the property taxes in North Carolina?

According to data from the North Carolina Department of Revenue, each county is responsible for submitting property taxes and adjusting rates. While property taxes could always fluctuate, North Carolina has a reputation for offering relatively low rates (i.e., sub-1 percent) compared with the United States average. Please speak with a North Carolina tax professional in your county if you have specific questions about taxation on your land.

What is the crime rate in North Carolina?

Currently, North Carolina’s crime rate is roughly at the national average of 4.26 violent crimes per 1,000 residents. The property crime rates in North Carolina are currently at about 23 per 1,000 residents, which is slightly above the national average of 19 per 1,000. Since Charlotte is densely populated, it tends to have the highest overall crime statistics in North Carolina. However, some cities like Whiteville, Wadesboro, and Williamston have higher percentages of crimes.

Are there any environmental hazards on the land?

North Carolina Environmental Quality points out that some areas of the state could come with environmental hazards like landslides, coal ash deposits, and arsenic. There is also the risk of hurricanes, earthquakes, and sinkholes in North Carolina. Please consider all of these potential risks when evaluating different opportunities in North Carolina.

North carolina rural property for sale

List of North Carolina Counties