60 acres consisting of two 30-acre parcels. This is a working Tree Farm with a 1584 sqft barn, loft above that could be an office or living quarters. Two pole barns one contains the well and equipment. This property is planted with Sylvester Palms and has produced great income in the past years. Currently, one of the tree lots have approximately 600 Sylvester Palms that are in great shape, fertilized on June 10th, and will be ready to harvest in two years. This lot is called Block 7, which contains 3.21 acres.
The tree farm is set up on the road front of the land and is split up into 7 Blocks that are all irrigated by a 5” well. This land backs up to a grassy lake that would be fun in an airboat. On the back of the property, you will find an Oak Island that has Pines with Turpentine Scars on them. The owner says this property is full of game and is an amazing private hunting preserve.
Very private property, no rear neighbors to speak of, lots of game, and income-producing agricultural property. Relaxed deed restrictions, no barbed wire on the road front, minimum house size 1800 sqft, no manufactured homes. (Less Mineral Rights).
As far as the Palms are concerned: (Notes from the owner)
I would focus on the potential of block 7. Most of the other blocks have been sold through.
Fertilized the young trees on June 11
600 Trees, 2 years from harvest, very healthy.
Sell 6' Average Clear Trunk (Ct)
$125 per CT foot
6 $125 $750 per
60% Yield 0.60 x 600 Trees x $750 per $270,000.
This is a very reasonable scenario.
Red Barn - 1584 Sqft.
Barn Office w/water heater, fridge, and sink.
600 Sylvester Palms ready to harvest in two years (Block 7)
Harvest Net approximately $270,000 in two years.
5" Well and Irrigated
Excellent hunting - Turkey, Deer, Hogs
Private Oak Island
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