316.90 acres, more or less, of timberland located on Union CR 180 (black top) and, as the crow flies, about 10 miles NE of New Albany, some 16 miles NW of the regional Barnes Crossing Mall in Tupelo and Oxford/Ole Miss is about 40 miles to the SW. This tract features a beautiful 6.50 acre lake nestled amid significant volumes of merchantable timber and a balanced wildlife habitat.
It is estimated that 40 acres are 40 year old planted pines, 146 acres are 28 year old planted pines (thinned around 2007), about 78 acres are in mixed hardwoods that were select cut around 2009 to 2010. The balance of the timbered acreage covering some 40 acres is being naturally regenerated after being clearcut about the same time as the hardwood cut.
Large expanses of timberlands surround adding to and enhancing the privacy and wildlife aspects one will certainly enjoy out here. There is also a good network of interior roads in place. Further, the wildlife population has hardly been disturbed given that few hunts have occurred over the past 3 years or so.
This tract presents a solid, low maintenance investment opportunity with that add on value for the sportsman who can utilize its recreational aspects. The pine stands could be thinned once again should one desire to create some immediate cash flow. And a cabin overlooking this hardwood lined lake would be a pretty nice place to hang out after fishing and/or hunting the deer, turkey & small game that are right at home here. Hope you will consider taking a look, you will not be disappointed!
All inspections must be approved by Broker
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