Bid Date: Friday, October 14, 2016 at 10:00 A.M. Timberland Investment Property with 1,700 Feet of Highway Frontage
Kingwood Forestry Services, Inc. has been authorized to manage the sale of 34.02 acres, more or less, located in Jefferson County, Arkansas. The property is being sold by sealed bid sale on Friday, October 14, 2016 at 10:00 A.M.
Location: The property is located on both sides of U.S. Highway 79 approximately 7 miles southeast of Pine Bluff, Arkansas municipal limits in the Watson Chapel School District. The tract is described as the SE of the NE of Section 19, Township 7 South, Range 10 West containing a total of 34.02 acres, more or less, located in Jefferson County, Arkansas.
Property Descriptions: The Piney Grove Tract is an excellent timberland investment property which consists of natural pine pulpwood size timber that is nearing first thinning size. U.S. H...
Property Descriptions: The Piney Grove Tract is an excellent timberland investment property which consists of natural pine pulpwood size timber that is nearing first thinning size. U.S. Highway 79 splits the property diagonally which offers excellent access. Utilities are available on the property. According to the NRCS Web Soil Survey, the soils on this property are silt loam soils. These soils are considered prime farmland or farmland of statewide importance and have great loblolly pine growth potential with an average site index of 90 feet (Base Age 50). The topography is gently rolling with approximately 84% of the property being in the somewhat poorly drained drainage class. All of the property is located outside of the 100 year flood plain per the FEMA Flood Insurance Rate Map. The property is located close to Pine Bluff, Arkansas and has the potential for use as a single or multiple rural house site with acreage.