501 Acres in Luverne, AL - $1,490,475

This excellent tract of land is located 5 miles west of Luverne, 15 miles east of Greenville and 45 miles south of Montgomery. The property has one fourth mile of frontage on Highway 10 on the south end and one half mile of frontage on Highway 40 on the north end. The entire tract has an excellent stand of different age pine plantations that have been intensely managed for the past 25 years. The majority of the pine plantations have CRP contracts totaling 266 acres with a significant amount of value still left on the contracts. There is also a 30 acre pecan orchard. The pecan trees are the Elliot variety. These trees are very consistent producing trees and this variety always brings a premium and adds another good source of income each year. The balance of the property has pine plantations not in CRP program, interior roads, numerous game plots and multiple lakes, the largest being 11 acres that has a nice pier and is stocked with bass, bluegill and bream. Not only has the owner done an outstanding job of managing the timber, but also has done an unbelievable job with the wildlife. The deer that are harvested off this property are some of the largest deer killed in Alabama each year. There is a hunting camp on the property that has pictures of the deer taken each year and the size and quality are amazing. There are also a large number of turkeys on the property. The owner plants numerous fields of summer plots each year which provide the protein the deer need to become quality deer. There are several improvements on the property. There is a nice 50ft by 90ft metal shed with power and water. Also nearby is a pole shed 40ft by 50ft for storage and a metal 2000 sq ft hunting camp with utilities, a skinning shed and 6 camper hookups with water and power. The owner also leases an additional 1,164 acres of hunting land. Most of this land adjoins the owners property. By having this additional land, the owner is able to do a better job of managing the wildlife and it shows by the quality of the wildlife harvested each year. This property is unique in not only does the timber side have great investment potential but the recreational value is second to none to anywhere in the state.