95 Acres in Chancellor, AL - $529,000

The 1,432 square foot home on the property was built in 1955 but is very functional, structurally sound, and features 3 bedrooms, 1 bathroom, and a bonus room. This could serve as a primary residence, weekend getaway, hunting camp, or a rental home for additional income off of the property. The interior walls, and the main flooring, most of which has been covered with carpet, is heart pine. With some renovations and modern appointments, this home has lots of potential. Outside, the home features a large covered carport with two bays, and a large screened in front porch. Aside from the home there are two barns, the newer of the two is an enclosed 28x36 enclosed shop with a 24x20 lean to off the west side that has a concrete pad and two roll up doors for vehicles and other equipment, and a 14x36 lean to across the east side for extra storage. The older pole barn shows its age with the rusty tin, but is still very functional for storage; it is 24x50 (approximate) and has an enclosed storage room in the back. The storage room is the length of the building and approximately 10 wide.

The tract of land itself has a diverse range of uses and characteristics that make it special. There are two large fields on this tract, the 14 acre field on the north side of the tract is in hay production and has a picture perfect knoll on the east side for a new home to be built on; and the second 12 acre field is also in grass, but is not used for agricultural purposes in order to provide refuge for the coveys of quail that frequent / live on the tract. The second field, per the owner, has been and can be used as a landing strip for small prop-planes. Either of the two fields could be used in their current manner, or could easily be converted to pastures or cropland.

The wooded portion of the property (69 acres +/-) is a mix of upland hardwood and pine, natural regen, and bottomland hardwoods. There are many different age classes of timber throughout the tract, some that are naturally regenerating from a timber harvest conducted around 2010, along with old oaks and pines that have been here for quite some time. While there is not a significant amount of timber that is merchantable for harvest, these woods offer great recreational opportunities for deer, wild turkey, hogs, dove, quail and wood ducks. There are 3 food plots across the tract that are distributed evenly across the property, each plot is 1 2 acre in size, more or less. Little Beaverdam Creek is a year round water source that runs across the east side of this property. This creek gets its name honest, there are multiple beaver dams along this creek for miles. While they have created a swamp, the beavers have also created excellent wildlife habitat; Pockets of open water for ducks, isolated islands of land for big bucks to bed in, and old growth timber along the edges of the creek/swamp that gobbling toms love to roost in. Beaverdam Creek and Little Beaverdam Creek are both known by locals to produce great wood duck hunting opportunities in the winter, along with other wintering waterfowl from time to time.

Last but certainly not least, this farm features a cell tower lease. This is a major asset to the property and to a future owner of this property. This assignable lease, pays right at $1,000 per month, and payments to the landowner increases by 2% every year. The lease began in 2017, and is now in its 7th year of operation. The tennant has the option to extend this lease 3 more times, (5 years per extension), if extended fully, this lease will not expire until 2042 with a potential income for a new owner of up to $250,000 from June 2024 though the lease's expiration.

This is a swiss army knife of a property, it has a place to live, barns to work out of, game to hunt, offers significant monthly income, and open acreage ready to lease for additional income, or to use for your own operation. This property also includes a 40 hp 2010 New Holland 4WD tractor with a loader, rhino bush hog, small disc harrow, and a PTO driven, 3-pt hitch spreader!

This property is shown by appointment only, one of the listing agents must be present to view the property. Physical address is 1094 county road 75, Chancellor, AL 36316. For more information or to schedule an appointment to see this property contact Dalton Dalrymple at 334-447-5600.