pppffffttt i have bean field land here that sold for get this 75K an acre.... open flippin beanfield..
pppffffttt i have bean field land here that sold for get this 75K an acre.... open flippin beanfield..
Is that property approved for septic ? That would be a huge issue if it's not. Another issue you could run into down the road would be the cost to run electric and water lines. It's always the " Other Things " that people forget about and some of those other things can get pretty pricey.
I have had a few people run into a good deal on land and in the end they sold it because they couldn't afford all the extras that you need.
Good luck and I hope you can snag it.
Some of the woods may be selective timbered if the are desirable hard woods. Either for veiner or a diameter cut. That may pay for the cost of improvements... (water,elect,septic driveway)
Putting in a pond or small lake as a long term water source could be considered. Typically, pond water is a more reliable source than a well.
I didn't see it but do you get the mineral rights ? If I'm thinking correctly on that issue if somebody else holds the rights they can come onto the property at anytime and decide to open a strip mine anywhere they please.
Lots of homework to do and I'm sure you have done alot already. I just know that sometimes buying plain land is more work then buying a house on a small city lot lol.
Again, Best of luck and I hope it all goes well for you.