This broker-owned property consists of approximately 18 acres of prime agricultural land with the balance being in predominantly pine sawtimber ready for harvest. The agricultural land is currently under an annual lease for $75/acre and has been farmed in beans, corn and cotton. The timberland is loaded with white tail deer and and wild turkey and offers a chance for immediate income through timber harvests. The property has black-top road frontage, community water, power and creek frontage. With a location only a few miles north of Hwy. 82 at Kilmichael and about 10 miles east of Winona, this property is ideally located for both residential development or using as a weekend get-a-way. There is an additional 17 acre agricultural lease that goes along with this property if the buyer desires. Good hunting and timber investment property with agricultural income is hard to find and this one won't last long. This would be an ideal investment for a self-directed IRA or a 1031 tax deferred exchange. Call today and let us show how that works!
Lat: 33.5128, Long: -89.5798