1,325 Acres in Troy, AL - $3,200,000
1325 Acres L and L Lakes
The L and L Lakes Tract is located in South Pike County near the community of Spring Hill. This property is a premier recreational tract with potential for a development upside.
The L and L Lakes Tract has a network of 90+/- acres of lakes historically used as a pay to fish operation. There are several great building sites with beautiful views of the lakes. Along with excellent fishing, the property offers great deer and turkey hunting. Yearly hunting contracts have been in place for decades, and there is also a deer-dressing building, with walk-in freezer and roll-up door. We also jumped a couple covey of quail and a big group of teal while exploring the property.
Smart Branch and Big Creek run through the west side of the property as well as numerous other creeks that meander throughout the tract.
There are several barns and storage buildings on the property for storing equipmen...
There are several barns and storage buildings on the property for storing equipment, storing hay, or working cattle. Several have well or county water and electricity, and one has a large catch pen with squeeze chute and head catch.
There is roughly 250 +/- acres of pasture that offers great opportunity for grazing cattle or horses as well as hay production. Some of the open ground would make a perfect dove field to enjoy with friends and family. The pasture area could also be leased for additional income if desired.
The timber types on this property consist of natural pine and hardwood along with mature pine plantations.
122 +/- acres of this farm is in a long leaf pine straw production lease (which can be cancelled with a period of notice). This five-year lease currently pays $11,345, with a five dollar per acre escalation each year, at year five the lease will pay $17,690. These plantations are clean with very little under growth. For additional details regarding this lease please contact the listing agents.
The L and L Lakes Tract is located just 6 miles south of the growing City of Troy. This tract has development potential from a recreational and rural living aspect. The property has +/- 1 mile of paved road frontage on Pike County Rd 2262 and +/- 1.5 miles of frontage along L and L Lake Road (gravel). This property also has a purpose-built +/- 3300 x 80 wide grass air strip which has been used in the past for easily landing average sized two and four place airplanes, both tri-gear and taildraggers, with plenty of room to spare. One end has a clear approach over the lake, and the landing is uphill, so the effective takeoff and landing distance is equivalent to a much longer runway. This runway could also be used as a shooting range. Troy Municipal Airport is located just 8 miles north of the L and L Lakes Tract.
This is a great opportunity to own a large tract of land that is so diverse, with lakes, pasture, and timber, and abundant hunting.
