$2,488,500
0 Follow Ditch Road, Princess Anne, MD, 21853
711.05
Acres
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.
Facts & Features
MLS® # | MDSO2002900 |
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Price | $2,488,500 |
Bathrooms | 0.00 |
Acres | 711.05 |
Type | Land |
Sub-Type | Land |
Status | Active |
Community Information
Address | 0 Follow Ditch Road |
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Area | Somerset East of Rt-13 (20-02) |
City | Princess Anne |
County | SOMERSET-MD |
State | MD |
Zip Code | 21853 |
Senior Community | No |
Amenities
Is Waterfront | No |
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Interior
Has Basement | No |
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Fireplace | No |
School Information
District | SOMERSET COUNTY PUBLIC SCHOOLS |
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Additional Information
Date Listed | February 27th, 2023 |
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Days on Market | 424 |
Zoning | A |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | The Land Group |
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Contact Info | (410) 934-3478 |