118.6 Acres in Cherokee, AL - $166,040

TFI03 - Bear Creek View

Located in the Margerum community, this property is bordered on four sides by Highway 72, Margerum Rd., and two county roads. Although we have managed this property as timberland for decades, its road frontage, topography, views and location make it ideal for large acreage residential sites with the convenience of a boat ramp into Bear Creek / Pickwick Lake less than one mile from the property. The property has been recently surveyed and boundaries marked. The timber was recently harvested, although significant areas of hardwood and some planted pine were left.

The property is 12 minutes from Iuka, MS and 24 minutes from Tuscumbia, AL. We are offering the property as a whole (apx 118 acres), but the owners would consider subdividing into parcels:

Parcel 1 (TFI03b) - apx 24 acres / $26,400 ( $1,100/acre)

gently rolling land with one or two building sites

Parcel 2 (TFI03c...