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Seller's Agent in 2018
Gary Silvernell
Southeastern Land Group, LLC
46.33 acres MOL located on a paved road in the timber growing region of the Big Bend. This tract, in thinned planted slash pines, is currently used as a productive timber property. Due to the uniqueness of this property, in addition to being a great investment property, it would make an excellent future home site as the SE corner (approximately 4.5 acres), where the property entrance is located, is sparsely wooded and dotted with large century oaks. Surrounding properties in this desirable NE section of Madison county are a mix of both agricultural use tracts and residential land. This tract is located approximately 5 miles from downtown Madison, FL making it a desirable potential homestead location as well. Alternative to use as a home site, this tract could be left as a timber tract. Agriculture is Florida’s second major industry after tourism, and forestry is one of agriculture’s top revenue generators. In terms of timber production, trees are a cash crop with a long-term yield, as it typically takes about 15 years before they can be harvested. This timber stand has merchantable value now. Half of tract could be clear cut and balance left to develop into pole timber. Many options available depending on investment objectives.
Last Agent to Sell the Property
Gary Silvernell
Southeastern Land Group, LLC License #3297126 Listed on: 10/27/2017
Last Buyer's Agent
Gary Silvernell
Southeastern Land Group, LLC License #3297126 Listed on: 10/27/2017
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/13/2018 03/13/18 | Sold | $140,000 | -15.7% | -- |
10/27/2017 10/27/17 | For Sale | $166,000 | -- | -- |
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Seller's Agent in 2018
Gary Silvernell
Southeastern Land Group, LLC
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 287014