Toomsuba 547 Ac+/-, Lauderdale County, MS
$ 711,000
547 acres in Lauderdale County, Mississippi,
Listing Status: Under Contract
UNDER CONTRACT! Toomsuba 320 is still avaialable across interstate. Tutt Land Company is proud to offer for sale the Toomsuba 547 Tract in Lauderdale County, MS. Located in Toomsuba, MS just a few miles West of the Alabama State line along Interstate 59/20. The majority of this timber investment property is currently in a timber lease which expires in December 2029. The timber lease covers approximately 490 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. Approximately 87 acres of the lease area has already been cut and replanted in 2022. Chemical site preparation and genetically improved loblolly pines were planted at 620 trees per acre. The current owners manage all hunting rights with the property. Of the 57 acres +/- of the property not included in the timber lease 35 acres +/- were cut in 2023 and could be planted this coming Winter.
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 SW and a creek crossing could be installed to access the property from the Will Garrett Road. This property has quality soils for growing timber and an abundance of wildlife including deer and turkey. There are numerous small food plots on the property that could be expanded as areas of timber are harvested. Several creeks run through the property and there are multiple lake sites present. The property is rolling with many flat areas along the creek bottoms.
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 320 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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