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Secluded Recreational Lot With Timber, Farm And Wind Income

Whitetail Properties is pleased to present this property with an exceptional trifecta of income streams and a quiet location suitable for building, hunting and recreation. With two road frontages access and opportunity is convenient. 2,883 feet of frontage on Farrington Hollow Road provides access to the 31.5 acres ag field currently in corn, and easy access to logging roads and trails navigating the hardwoods of the property. 1,554 feet of frontage on Plank Road forms the east boundary and has an access road to a gas well. This property produces an annual revenue stream from a wind turbine royalty of $15,500/yr for the next 25 years. ($387,500) The wind royalty will convey to the purchaser. This property additionally has a timber harvest history of $200,000 every ten years (average). The current owners have enjoyed two harvests over $200,000. The timber construction of mixed hardwoods a...

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Whitetail Properties Real Estate

East Amherst, NY

(330) 301-2682

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Whitetail Properties Real Estate, (330) 301-2682
Source: MLS# 11211276
Listing last updated: October 2, 2024 at 11:29 PM
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