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Poplar Spring Church Road
Sanford, NC 27330 ·

Retail For Sale

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236 acres in Lee County, NC

Price N/A Property Use Type Investment
Property Type Retail Lot Size 236 AC
Property Sub-type Retail (Other)
Listing ID: 17577574 Date Created: 03/18/2012 Last Updated: 09/06/2013

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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Poplar Spring Church Road, Sanford, NC 27330 (Lee County)

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