Sold
Recreational and Timber Tract With Lake
Acreage
342.2 ±
County
Carroll
SOLD
Address Hwy 70 and Griggs Chapel Rd Cedar Grove, TN 38321
View on Google MapsDescription
I have been managing land for almost 30 years, and it is tough to find a legitimate investment-grade recreational property with significant income and significant upside potential, especially at an affordable price today! This is by far the best one I’ve seen in years! With access from the west, frontage on Hwy 70, long frontage on the Rutherford Fork of the Obion River, approx 100 acres of income-production, gently rolling high-ground mixed with fertile bottom ground, significant future timber value, and all less than 5 minutes from the Carroll County 1000 acre recreational lake, this property is an exceptional investment. And at the same time, it offers great fun for family and friends (or even more income if leased out) with a nice hidden lake, miles of trails, and plenty of deer, turkey, dove, and possibly even duck hunting! With all that and much more, please call today to see one of the best and most enjoyable investments you will ever make!
Details
- 80 acres cropland producing $8,000 income annually and 19.08 acres enrolled in USDA CRP Pollinators Program pays approx $2,957 annually through 2027, so current total annual income is almost $11,000.00. And I would expect another $3,000 to $4,000 additional income potential could be realized by leasing out hunting and/or fishing rights.
- Approx 240 acres of mixed-aged hardwood timber has great potential future value and offers diverse habitat for wildlife
- A beautiful, hidden 3 acre lake is shared with an adjoining landowner and is full of fish
- Plenty of deer, turkey and dove, with real potential to manage for ducks along more than a mile of frontage on the Rutherford Fork of the Obion River
- Approx 1/4 mile frontage on Hwy 70 and additional access from the west on Griggs Chapel Road provides good access options with different wind directions and opportunities to divide the property if needed
- Carroll County 1000 Acre Recreational Lake is an exceptional attraction with fishing, boating and camping less than 5 minutes away
- Approx 10 minutes from Cedar Grove and Huntingdon, 20 minutes from I-40, 30 minutes from Jackson, 90 minutes from Memphis and 1hr 45 minutes from Nashville
Summary
Features
Tillable, Wild Game, Whitetail, Waterfowl, Turkey, Upland Game, Waterfront, Creek, Lake (3+ acres), Improvements, Investment, Spring, Minerals, River, Fish, Wetlands, Big Game, Small Game, Dove, Other Game, Duck, Geese, Catfish, Bass, Panfish, Bayou, Slough, Frontage, Lake, Roads, Road Frontage, County Road, Road Access, Pavement, Fence, Partial Fence, Fence Material, Wire, Tillable / Production Acres, Cotton, Hardwood Trees, Corn, Wheat, Milo, Soybeans, Hay, Recreational Improvements, Trail Network, Building Improvements, Gated Entrance, Government Programs, Buffer Strips, Area Features, Boat Ramp, Public Fishing, Public Access Area, Marina, RV Park, Camping/Campground, Airport, Activities on Property, Hunting, Fishing, Hiking, Boating, ATV Riding, Horseback Riding, Camping, Family Activities, Biking, Seller's Mineral Rights Convey, Greenbelt , Tillable, Wild Game, Whitetail, Waterfowl, Turkey, Upland Game, Waterfront, Creek, Lake (3+ acres), Improvements, Investment, Spring, Minerals, River, Fish, Wetlands, Big Game, Small Game, Dove, Other Game, Duck, Geese, Catfish, Bass, Panfish, Bayou, Slough, Frontage, Lake, Roads, Road Frontage, County Road, Road Access, Pavement, Fence, Partial Fence, Fence Material, Wire, Tillable / Production Acres, Cotton, Hardwood Trees, Corn, Wheat, Milo, Soybeans, Hay, Recreational Improvements, Trail Network, Building Improvements, Gated Entrance, Government Programs, Buffer Strips, Area Features, Boat Ramp, Public Fishing, Public Access Area, Marina, RV Park, Camping/Campground, Airport, Activities on Property, Hunting, Fishing, Hiking, Boating, ATV Riding, Horseback Riding, Camping, Family Activities, Biking, Seller's Mineral Rights Convey, Greenbelt
Road Frontage
County Road
Road Surface
Pavement
Fencing
Partial
Land Details
Tillable, Lake, Hay, Enrolled in Government Program
Improvements/Features
Big Game, Waterfowl, Upland Game, Creek/Spring, Fish, Wetlands, Small Game, Bayou, Slough, Trail Network, Gated Entrance, Seller's Mineral Rights Convey
Land Type
Hunting and Recreational, Timberland, Waterfowl
Land and Farm Property Types
Land - Hunting, Land - Recreational, Timberland - Natural
Property Type
Recreational Land, Timberland, Hunting Land
Other Property Details
Coordinates
35.9014, -88.5356
Annual Taxes
$0
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For more information or to see additional properties currently for sale see David Pritchard's listings.