80 ac - Union Parish LA Timberland - Point Place Rd - SOLD 10-20
West of Point, LA
80 +/- ac timberland for hunting and possible home site in Union Parish, LA
The price got your attention but understand that this tract HAS A TIMBER LEASE IN PLACE on approx. 53 acres until July 2042. It is suited for a long-term cash investment where you earn some return on investment from the lease. Future benefits will be the appreciation of land value and any potential oil/gas activity.
The timber is leased by Weyerhaeuser. The landowner gets $20 / acre per year for the lease AND 5% of the market value of the timber that is cut at each thinning and final clear cut. The landowner still has all the rights to the hunting and any mineral development.
There are approx. 27 acres not in the lease. These acres are on some high ground south of road and along a cypress brake running north of the road. The 10-11 acres south of the road could be developed for a rural home site.
Location: Situated on Point Place road approx. 0.6 miles north of Hwy 552 west of Point, LA.
Access: Point Place road
Minerals: will convey
Legal Description: Situated in Section 31-T20N-R2E, Union Parish, LA
Asking Price: $122,500
NOTE: Buyer’s agents see the commission information in the footer of the RecLand site.
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318.281.4900
office@recland.net
410 Olive Street, Monroe, LA 71201
RecLand Realty, LLC is a licensed land broker in Louisiana, Arkansas, Mississippi, Texas, Iowa & Missouri. We specialize in selling hunting land, timber land, farms & ranches. Please give us a call to discuss how we can help you buy or sell land.
Notice to buyer's representative: RecLand has a history of fairly cooperating with other brokerages. And in an effort to continue this cooperation without issue, the following policy is in place for any buyer's agent: Any buyers agent, if applicable, must be identified on the first contact with RecLand, and/or any of its agents, and must be present at the initial showing of the listed property with the prospective real estate investor - unless another agreement / arrangement is reached with the RecLand listing agent - in order to participate in RecLand's real estate commission. If this condition is not met, any fee participation from the RecLand commission will be at the sole discretion of RecLand Realty.
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