Historical Retail Sale Listing - 236 acres in Lee County, NC

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236 acres in Lee County, NC

Poplar Spring Church Road, Sanford, NC 27330

N/A

Retail

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Retail Property - Off Market

Price:
N/A
Property Type:
Retail
Property Sub-type:
Retail (Other)
Property Use Type:
Investment
Lot Size:
236 AC
Listing ID
17577574
Last Updated
over 1 year ago

Description

236 acre Smith Tract-Pineland Properties, LLCLee County, NCThis the Smith Tract out of the Pineland Properties Package, This is a professionally managed pine plantation that has varying stages of secession on the property. There is 100 acres of new 2009 planted Lobbally pines, There is 80 acres of frist thinningon the pines that really have them growing toward being nice saw timber and poles one day. This tract offers the investor a very good rate of return for the money. There is approx. value of timber on the 80 acres of $120,000.00. Then the back 40 acres has 1988 pine that has not been thinned but needs it as soon as the market will allow the new buyer. There is a hardwood drain that affords some nice hunting as it is a natural funnel for all the wildlife ot move to the south of the tract and is boarderd by a gas line that makes great shooting lanes and potential food plots. There is legal access to the property and there is a gate. the access is thru another timber companys land and the road is in far shape for removal of all the plup wood harvest prior to the property being for sale. This would make someone a nice tract to have as a good timber investment, or a great

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