Toomsuba 320 ac+/- Lauderdale County, MS
$ 416,000
320 acres in Lauderdale County, Mississippi,
Listing Status: Active
Tutt Land Company is proud to offer for sale the Toomsuba 320 Tract in Lauderdale County, MS. Located in Toomsuba, MS just a few miles West of the Alabama State line along Interstate 59/20. Around half of this timber investment property is currently in a timber lease which expires in December 2029. The timber lease covers approximately 160 acres of the property and yearly payments are sent to the owner. Upon expiration of the timber lease, all of the property harvested is to be planted back in pines and in production. Of the 160 acres +/- of the property not included in the timber lease 120 acres +/- were cut in 2023 and could be planted this coming Winter and would be the responsibility of the new owner. This recent clearcut could be planted in pines or hardwood.
There is a significant amount of acreage in hardwood drains and SMZ’s that will not be harvested. Access to the property is from the Will Garrett Road. A deeded access along the existing road will be granted. This property has quality soils for growing timber and an abundance of wildlife including deer and turkey. There are a few small food plots on the property that could be expanded.
Priced at $1300/ac, you will have full access to hunting and any lease payments due on property through the end of the lease. After the lease expires, all timber rights will revert to the owner along with any standing timber present. This is a great opportunity to purchase a larger tract at a discount price and not incur expensive replating and site preparation cost.
THERE IS AN ADDIONTAL 547 AC +/- OF PROPERTY ACROSS THE INTERSTATE AVAIABLE!!!
Call Todd Lowery RF with Tutt Land Company to get more details about the property and to schedule a showing.
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