Russ, Squires #3, And Cb Bordeaux

Farm Description

Two gated access roads. One leading east from Hwy 11 just north of the Cape Fear River bridge and the other leading south from Sykes Town Road. A well maintained road transecting most of the property provides good access while another road to the south parallels the Cape Fear River.

0.2 miles of river frontage along the Cape Fear River.

Only 40 minutes from Wilmington.

Painted and maintained boundary lines.

Opportunities for multiple cash flow events from well-managed timber. Many areas of these properties were harvested after Hurricane Fran in 1996. Some of the upland areas were replanted with loblolly pine. The loblolly stands on this tract have not been thinned and could generate immediate income. Other upland areas with sandier soils were replanted with longleaf pine. The longleaf stands are almost ready for development of pine straw raking to provide annual income. The bottomland hardwood areas are thick with regeneration of red and white oaks, gum, hickory, baldcypress, and maple. Soils range from fine sandy loams to lowland muck, providing excellent opportunities for both pine and hardwood timber management. Rotation ages can be planned to provide sustained, periodic income from timber harvests into perpetuity, and coupled with pine straw raking, would make this an excellent forest products investment.

Excellent hunting and recreational opportunities with great investment potential. All manner of wildlife can be found along the Cape Fear River system. Fine opportunity for fishing and waterfowl hunting as well.

This tract is a part of a much larger land base, the Cape Fear River Tract, that is for sale (see location map). The Russ, Squires #3, and CB Bordeaux Tracts tie two larger adjacent tracts together and this grouping of tracts has the benefit of two access points. The larger Cape Fear River Tract is 2700+ mostly contiguous acres along the Cape Fear River. This larger land base has it all, from longleaf pine ridges to tupelo-cypress swamps, excellent timber investment potential, and any recreational pursuit an outdoorsman could desire. With multiple access points, an extensive and well-developed road system, conservation potential, and multiple cash flow opportunities, this is a rare, one-of-a-kind piece of property that must be seen.

Seller will consider selling the Cape Fear River Tract as a whole or in parts. Check out our other listings for more details of the various parcels within the Cape Fear River Tract.