This property is an excellent combination of timberland investment and recreational property, with some residential development potential. The property is predominantly loblolly pine, planted in 1985 84.9 acres thinned, 2000 54.7 acres thinned and 2006 70.3 acres. The balance of the tract, 50 acres, is mixed bottomland hardwoods along the internal streams and drains. The property has approximately 1,200 feet of frontage on Salisbury Road State Road 611 and has generally flat to rolling topography. The property lines are marked with red/orange paint and are readily identifiable on the ground.
Additional timberland is available with the purchase of adjoining tract 9873, being 271 acres located to the west of tract 9869. List price is $556,231 $2,256/Acre. See website for information on this property.
The tract has easy access from VA Highway 10 and Highway 460 from both the Petersburg and Norfolk/Va. Beach areas. The state road frontage provides an opportunity for future subdivision of the property for rural residential use. It has great recreational uses such as hunting and 4-wheeling, as well as future timberland cash-flows from the three distinct pine age classes. Soils series are mainly Craven-Slagle, Jedburg and Nevarc-Remlik complex, which provide good timber growth potential site index 80 to 100 base age 50, and all of these soils are classified as prime farmland or farmland of statewide importance by the Usda Nrcs.
From the intersection of Highway 10 and Highway 40 at Spring Grove, VA, drive south towards Waverly approximately three miles and turn left onto Salisbury Road (SR 611). Drive ±0.8 miles and the property is on your left. From Waverly, drive north on Highway 40 approximately 9.8 miles and turn right on Salisbury Road. The tract is on your left in ±0.8 miles (address ~ 4926 Salisbury Rd., Waverly, VA 23890).