Located in the Margerum community, this property is bordered on four sides by Highway 72, Margerum Rd., and two county roads. Although we have managed this property as timberland for decades, its road frontage, topography, views and location make it ideal for large acreage residential sites with the convenience of a boat ramp into Bear Creek / Pickwick Lake less than one mile from the property. The property has been recently surveyed and boundaries marked. The timber was recently harvested, although significant areas of hardwood and some planted pine were left.
The property is 12 minutes from Iuka, MS and 24 minutes from Tuscumbia, AL. We are offering the property as a whole (apx 118 acres), but the owners would consider subdividing into parcels:
Parcel 1 (TFI03b) - apx 24 acres / $26,400 ( $1,100/acre)
gently rolling land with one or two building sites
Parcel 2 (TFI03c) - apx 58 acres / $86,188 ($1,486/acre)
flat to moderately sloped land with a newly constructed road to a panoramic view of Bear Creek
Parcel 3 (TFI03d) - apx 36 acres / $53,496 ($1,486/acre)
equally impressive views
All parcels have excellent road frontage with available power and water.
For Driving Directions: Go to our website, naturalrg.com/tracts/TFI03/TFI03.html and click on "Google Directions.
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