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Edmunds Lane Tract 9867

Waverly, VA 23891

Sussex County, Virginia

137.80 Acres
$517,990
$3,759 / ac
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Land Description

Description

This property is a very good timberland investment tract, with good recreational potential. The tract is predominantly merchantable loblolly pine established in 1975, 1988 117 total acres thinned, and 1990 11 acres. The balance of the tract is mixed bottomland hardwoods along Assamoosick Swamp, the northeastern boundary, and internal streams and drains. Approximately 104 acres of the 1975/1988 pine is budgeted for sale in 2018, and the price will be adjusted if that sale is completed. The tract has generally flat to rolling topography and the property lines are marked with red/orange paint and are readily identifiable on the ground.

Property Use

The tract has easy access from VA Highway 35 and both the Petersburg and Norfolk/Va. Beach areas. It has great recreational uses such as hunting and 4-wheeling, as well as future timberland cash-flows from the current stand of merchantable pine. If the timber is harvested, that area can be re-planted or converted to agricultural use. The soils series are predominantly Craven and Slagle loams, which are classified as prime farmland or farmland of statewide importance by the Usda Nrcs. They also provide good timber growth potential site index 86 to 88 base age 50.

Directions

From Exit 41 on I-95, drive southeast on Highway 35 towards Courtland approximately 14.5 miles to the intersection with Highway 40 at Homeville.  Continue another ±1.3 miles on Highway 35 to Edmunds Lane, a private drive.  Turn left on Edmunds Lane and drive ±0.6 miles and follow the left-hand turn across the cutover before the farm field to the mature timber on this tract.

More Land Details

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LANDFLIP ID
142917
MLS / Other ID
1553
Posted on LANDFLIP
276 Days Ago
Last Updated
2 Days Ago
Views
181
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