290 Little Lakes Road, Richfield Springs 13439


Description
Multi-million dollar return investment. Black Walnut Tree Farm with 700 trees being grown for commercial wood. Invest in your future! 12 acres land for sale and very rare to the market, this property offers long term investment potential with 500 trees over 17 years (phase 1) and 200 trees at 4 years old (phase 2). Owners have plotted a course for continuing income as trees mature starting in 15 years. Investment potential for phase 1 trees would yield between $3,750,000 to $8,000,000 at today’s prices using Doyle’s Rule for standing tree board feet and a reasonable growth rate.
  • Property Details
  • Features
Property Type: Residential
List price: $750,000
Lease Term: None
Total Tax: $3,830
Address: 290 Little Lakes Road Richfield Springs 13439
Town/City: Richfield Springs
School District: Richfield Springs
Style: Ranch
Lot Size: sq ft
Acres: 11.80
Stories: 1
Living Area: 1880 sq. ft.
Year Built: 1973
Year Description: Existing
Construction: Brick, Frame, Steel Siding, Copper Plumbing, Aluminum Siding
Garage Spaces: 2.00
Driveway:
Attic type: None
Basement type: Full, Walk-Out Access
Interior Features: Bedroom on Main Level, Main Level Master, Sliding Glass Door(s), High Speed Internet, Natural Woodwork None
Floors: Carpet, Tile
Appliances: Oven, Water Softener, Washer, Dryer, Refrigerator, Microwave, Dishwasher, Range, Exhaust Fan
Exterior Features: Satellite Dish, Propane Tank - Leased
Heating: Propane, Wall Furnace, Electric
Cooling: Electric
Sewer: Septic Tank
Water: Well
Amenities:
Lot Information: Wooded, Rural Lot
Handicap Access:

Listing courtesy of:
COLDWELL BANKER FAITH PROPERTIES

  • Residential
  • 4 bedrooms
  • 2 full / 1 half baths
  • 1880 sq ft
  • Richfield Springs school district
  • MLS# S1187346
  • Listing Status: active
  • Save this Listing

$750,000