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Listed by Benjamin Alder • The Land Group
$2,488,500
Est. payment /mo
711.05 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDSO2002900
HOA Y/N N
Annual Tax Amount $1,482
Tax Year 2022
Lot Size 711.050 Acres
Acres 711.05
Property Sub-Type Land
Source BRIGHT
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.
Location
State MD
County Somerset
Area Somerset East Of Rt-13 (20-02)
Zoning A
Exterior
Water Access N
Garage N
Building
Sewer No Septic System, No Sewer System
Water None
Schools
School District Somerset County Public Schools
Others
Tax ID 4065832
Ownership Fee Simple
Horse Property N
Special Listing Condition Standard
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John Coleman
REALTOR® | OWNER | License ID: SP98375761
+1(202) 427-9689 | john@colemanresidential.com
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