894 +/- acres in Bladen County, NC - $250,000 BELOW APPRAISAL
About the property
The Bladen 894 Tract --- A property designed for hunting and wildlife management; A property created for productivity and investment.
The Bladen 894 Tract was purchased by the Wilson Family in 1976 and was originally designed and managed for quail hunting. A grassed area at the front of the property was prepared for camping, picnicking and RV’ing and the back of the property was all about hunting. Agricultural fields were laid out to create two ‘islands’ of timber and also create long runs of woods and field edge interface for quality game habitat and hunting. This special layout is perfect for today’s quality deer management owner, leaving perfect ‘sanctuary’ areas in the very center of the property. With a good prescribed burning regime, the property has great potential for a revived quail hunting operation today.
Whether managing deer, quail, corn, or timber, the soil productivity is at the core of the potential and the yield of any crop. The Bladen 894 Tract literally has some of the most productive soils in the coastal climate in the Carolinas. Those familiar with high production agriculture or timber production will recognize the prevailing soil series including Rains, Coxville, Lynchburg, and Pantego. These soils empower either strong farm lease potential or strong direct yields for the farming or timber growing family.
No commercial timber harvesting has been completed at the Bladen 894 Tract over the last few decades and as a result, the property is heavily timbered with large diameter pine. When assessing timber value, tree size and proximity to the mill in large part determine its value. The two largest mills in SE NC are less than 15 miles away from this property and global export capacity for timber exists at The Port of Wilmington, NC. Timber management can be regulated to produce income at set intervals and transition the natural timber stands to a new era of high production timber management by installing advanced-genetic loblolly or longleaf pine plantations.
Any crops produced can be sold into strong, local agricultural or timber markets, or be marketed globally. Two massive ports load materials for export daily in Wilmington (36 miles away), and Morehead City (115 miles). Access to the Port of Wilmington is provided by major travel corridor I-74 which connects Wilmington to I-95 and I-40. CSX Transportation provides an expansive rail network from major intermodal inland hubs from Charlotte, Greensboro, Raleigh-Durham to the coast. The coastal zone is set-up to continue developing into a huge global export center.
For the high net worth investor, this property offers an attractive investment with potential annual returns from high agricultural lease rates, hunt leases, and periodic timber sale returns, in addition to land appreciation from both a commodity production aspect and a regional development angle. And best yet, 2018 taxes in the reduced tax program (enrolled in the Present Use-Value, or PUV, Taxation Program) were under $2.66/acre/year*. For the investor looking for a piece of hunting land to develop and maximize, the shape, layout, and productivity of this property will not be beaten. Check out the in-bedded video tour and maps and just image the hunting stand placement options for this property.
*may or may not transfer to the new owner
To view the property, contact Broker Chris Smith.
Progressive Realty Services, LLC
Broker #17078 Chris Smith
Registered Forester #1438
"Progressive Realty Services, LLC and Dougherty & Dougherty Forestry Services, Inc. makes no representation as to the accuracy of property boundary lines shown on maps, photographs, and video. Maps, photographs, and video may show adjacent and surrounding properties that are not listed for sale, but shown in general context the property that is listed for sale only in an effort to better show the listed property and its features to potential buyers. Only a legal description found within a property deed and recorded survey are legal proof of property in regards to description and boundary location in conextt with surrounding properties."
Asking Price $1,875,000
Property Key Features
- Lot Size: 894 Acres
- Location : , North Carolina
- Percent Wooded : 0 %