Hay & Alfalfa Farmland in North Carolina

Hay & Alfalfa farmland in North Carolina for a 50 - 160 Acres parcel costs approximately $4,557 per acre, with a total investment of $478,485. The estimated annual ROI is 4.2% with cash rent of $182 per acre.

North Carolina has 46,400 farms with an average size of 181 acres. Farmland prices average $5,800 per acre statewide, with 3.8% year-over-year appreciation. Cash receipts total $12.1B annually.

The estimated annual ROI is 4.2% for a 50 - 160 Acres parcel, generating $20,160 in annual income ($192 per acre). The 5-year appreciation estimate is 934.0%.