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FOLLOW DITCH ROAD, PRINCESS ANNE, MD 21853

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Listing Type
Lots/Land
Listing Status
Off Market
0
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$2,488,500

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Home Details for 0 FOLLOW DITCH ROAD
Price
$2,488,500
Type
Lots/Land
Lot Size
711.05
County
SOMERSET
Tax
$1,482
MLS®️ Listing#
MDSO2002900
On exitrealty.com
654 days
Property Description
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: The Land Group - 410-934-3478
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-12 02:19:09
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$2,488,500

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