Description

This exceptional 281-acre timberland property offers a fantastic investment opportunity in a thriving timber market area in North Carolina. Located near the charming town of Ellerbe in Richmond County, this tract presents a unique blend of diverse timber resources and potential for future returns, making it an ideal choice for discerning investors and forestry professionals alike. The property encompasses 281 acres and features a range of distinct timber resources. In 2023, a clearcut was completed over 131.32 acres, preparing the land for future planting and growth. This recent clearcut provides a blank canvas for reforestation efforts tailored to your specific investment goals. In addition to this, the property includes 82 acres of an 11-year-old natural pine and hardwood stand. This stand offers a balanced mix of pine and hardwood species, providing both ecological diversity and commercial value. Moreover, the property is further diversified, as evidenced by the 59 acres designated as streamside management zones. These zones, left intact around the property's streams, ensure the protection of water quality and contribute to the overall health of the local ecosystem. The presence of a large power line dissecting the southwestern portion of the tract adds a unique characteristic to the land, potentially offering additional utility and access benefits. Access to this remarkable property is secured through a recorded deeded easement from Everett Chapel Road. This easement ensures reliable and straightforward entry to the tract, facilitating ease of management and utilization. The strategic location of this property within a thriving timber market area further enhances its investment potential. The combination of recently harvested areas and established stands offers a balance of immediate and future revenue potential from timber sales, catering to both short-term and long-term investment strategies. An important consideration for prospective buyers is the mineral reservation on the property. International Paper reserves the mineral rights, which are clearly outlined in the documents section of the listing. This transparency ensures that all aspects of the property's resources are well-documented and understood. There is a 1/8 mineral reservation on the property owned by Interational Paper. Please call for more details.

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Listed by: James Lytton