19 Us Hwy Chiefland, FL 32626
Exceptional forestry investment opportunity: The O-I Timberlands Tract encompasses 4,811 acres of productive woodlands in Levy County, Florida. This expansive property boasts a history of professional management by leading timber companies, showcasing well-established pine plantations cultivated using advanced silvicultural techniques on highly fertile soils. The acreage includes 1,101 acres of merchantable planted pine, 1,492 acres of premerchantable planted pine, 415 acres of harvested land ready for reforestation, and 1,794 acres of natural timber, providing a diverse portfolio of assets. Natural hardwoods and cypress wetlands create a thriving wildlife habitat, abundant with deer, wild turkey, hogs, and small game. A comprehensive road system and convenient access points from US Highway 19/98 ensure efficient timber management and recreational pursuits. The property is zoned Forestry/Rural Residential (FLU). The asking price is $12,989,700, translating to $2,700 per acre. Multiple APNs are associated with the property: 249700000, 183100000, 249900000, 184500000, 184700000, 184800000, 184900200, 186500300, 186700000, and 186800000. Additional timberland and recreational tracts are also available in the same location. This is a significant investment opportunity in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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