This 711 timberland complex stands within several thousand contiguous acres of state owned forestland in Somerset County. The tract is located to the South of Wellington WMA and to the North of the Chesapeake Forest Wells Timberland Complex. This region of the Eastern Shore is well known for the high population of Whitetails and Eastern Wild Turkey. The tract offers the wildlife manager an array of management opportunities for improving the existing habitat as well as creating long term economic returns from the land. The property has been recently surveyed by consulting hired by the owner to monetize the natural resources of the property for income. The timber age class summary indicates there is some immediate merchantable timber as well as possible eligibility for certain conservation programs at the state and federal level. A hunting lease yields yearly income as well. Together these income streams can create a value stack of income streams to make this a quality land investment. The property is currently free and clear of any conservation programs restricting it’s current or future use. The land use zoning is currently agricultural. Timber data is available upon request.
Listing courtesy of Benjamin Alder at
Property Details
Price:
$2,488,500
MLS #:
2952799651
Status:
Active
Baths:
0
Address:
Follow Ditch Rd
Type:
Land
City:
Princess Anne
Listed Date:
Dec 1, 2023
State:
MD
ZIP:
21853
Lot Size:
30,973,338 sqft / 711.05 acres (approx)
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- AddressFollow Ditch Rd Princess Anne MD
- CityPrincess Anne
- Zip Code21853
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Follow Ditch Rd
Princess Anne, MD
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