1080 Factory Rd Hwy Folsom, LA 70437

This exceptional 249.99-acre property, located on Factory Road (Hwy 1080) in Folsom, Louisiana (St. Tammany Parish County, zip code 70437), presents a unique investment opportunity. Previously utilized as a timber tract, the land boasts approximately 250 acres of mature pine trees, many over 15 years old, resulting from a managed forestry program. The property is easily accessible via a driveway leading from the main road along an established timber road to its highest point. Its location just outside Folsom places it in a desirable area known for equestrian activities, making it attractive for various agricultural and recreational uses. The asking price is $2,499,900, translating to a price per acre of $10,000. The total land area encompasses 1,061,348 square feet. The property is currently a single-tenant occupancy and is suitable for subdivision, given the availability of land splits. This expansive tract offers significant potential for diverse development and investment strategies. Coordinates are 30.6286328 latitude and -90.1604514 longitude.