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PROPERTY FACTS
| Price | $3,600,000 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 450.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | V5 - Conservation Use | ||
| Price | $3,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 450.00 AC |
| Opportunity Zone |
Yes |
| Zoning | V5 - Conservation Use |
1 LOT AVAILABLE
Lot
| Price | $3,600,000 | Lot Size | 450.00 AC |
| Price Per AC | $8,000.00 |
| Price | $3,600,000 |
| Price Per AC | $8,000.00 |
| Lot Size | 450.00 AC |
DESCRIPTION
Prime agricultural land with no improvements! Located east of Highway 319 in Tift County, Georgia, and is framed by Ferry Lake Rd to the south, Harold Tyson Rd to the west, and Goat Rd to the north. The surrounding area is home to a dense concentration of agricultural properties and working lands. The farm is 2 years into a 10-year Conservation Easement that must be continued following a sale. The property cannot be used for development or repurposed during the life of the current easement. A 3year farming lease is currently contracted by a local farmer, who has had relations with the property for nearly 50 years and assists in overall management of the farm. Terms of sale require that the farmer be allowed to complete the current farming season through harvest. Buyer may opt to continue leasing the farming rights for additional income. There are 2 pivot irrigations systems in place that the buyer may opt for purchasing in a separate agreement for a sum of $196,000. The property's timber has been maintained by a 3 to 5-year controlled burn program through a third party contractor that can be continued should the Buyer need it.
Presented by
Ferry Lake rd - Hall Farm
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