240 ac - Timberland with Development Potential - PRICED TO SELL
240 acre timberland property with multiple potential uses in near Covington in St. Tammany Parish, LA
This property is a great investment opportunity with multiple potential uses. It is currently all in timber that consists of mostly planted pine. The pine trees were planted approximately 14 years ago. The property has several legal access points on the west side off of Robinson Road and one on the east side off of Green Valley Road. It also touches River Road along a portion of the south property line. These are all clearly defined on the survey plat and can viewed and downloaded by clicking the printable info tab on this webpage.
The multiple access points make this property very easy to divide into smaller parcels. There are many options available for future development of the property into home sites. It is also suited for conversion into pastureland.
The planted pines and ha...
The planted pines and hardwood regeneration would push up fairly easily after a timber harvest. The timber has reached a marketable size and a first thinning of the pine will generate some revenue right away.
The property also has recreational opportunities for deer and hog hunting. There are several deer stands on the property that the current owner uses for entertaining clients. He also has a small rifle and pistol range set up on it.
Location: Northwest of Covington, LA
Minerals: The minerals were reserved by the previous owner and will prescribe back to the surface owner in October 2017, assuming that no production has taken place during the reservation period.
Price: $900,000
Call Coy Purkey at 318.267.1519 or see the RecLand site for all our listings.