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Dendron Timberlands

Petersburg, VA 29483

Sussex County, Virginia

2,786 Acres
$4,600,000 USD
$1,651 / ac
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Under Contract

Land Description

The Offering

PRICE Reduced. Unique property is being offered for sale in its entirety with a new asking price of $4,600,000. Offers will not be considered for individual tracts.

The Property

The offering includes ten properties, ranging in size from 53 to 668 acres.

The acreage is comprised of 2,029 acres of pine plantations and 91 acres of recent pine cutover 76.1 of total acres 168 acres of natural pine/hardwood 6.0 of total acres 408 acres of natural hardwood bottomlands 14.7 of total acres 90 acres of non-forest land 3.2 of total acres The upland acreage 2,289 acres is currently dominated by a diverse age class distribution of pine plantations growing on piedmont and coastal plain soils with an average site index of 64 feet base age 25.

The property has 1,557 merchantable pine plantation acres 15 years of age which carry over 99,676 tons of pine volume equating to an estimated 64 tons per acre. In total, there are over 133,257 tons of merchantable pine, hardwood and cypress timber.

Data Room

AFM has set up an electronic data room containing information for prospective purchasers to use as they evaluate the offering. All prospective purchasers who execute a Confidentiality Agreement CA will be granted access to the data room.

Offering Process

Prospective purchasers are invited to participate in the process upon the complete execution of the CA. The property is being offered for sale, in its entirety with a new asking price of $4,600,000. The offers should be presented in one lump sum payment directly to David Anderton.

To provide a structured time frame for all interested parties to initiate due diligence evaluations of the property, the Seller will not respond to any offers until after March 26, 2018. All offers will be submitted to the Seller upon receipt and responded to after March 26, 2018.

Land Maps & Files

Directions

The offering includes the sale of land and timber, on 2,786 ± acres located in Dinwiddie, Southampton, Surry and Sussex Counties, Virginia.

More Land Details

LANDFLIP ID
143581
MLS / Other ID
1563
Posted on LANDFLIP
514 Days Ago
Last Updated
1 Days Ago
Views
435
Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.