The Math Makes Sense
on This Fertile Property
with 90% Uplands!

Old Harrell Farmstead is a Strategic Farm/Timber Investment –
It’s the Perfect Candidate to be Turned Back Into a Farm!

This 361± acres NW of Live Oak is One of the Last“Old Florida” Properties in the Area.

361 +/- acres, Suwannee County, Florida
Locally known as the Old Harrell Place
Conveniently located in the high demand area NW of Live Oak, only a few miles from I-10
In the fertile Suwannee River Valley between I-10 and Suwannee River State Park
Natural Oak Hammocks, investment quality pines, and Old Cracker homestead
90% old farm fields, planted pines, and unbroken wiregrass uplands with a few ponds and sink holes for ample water
Very little wetlands, great paved road frontage, great investment area
Now Offered at almost a 60% Discount off What the Seller Paid!
This is one of the largest properties in this area of Suwannee County
Could be a Poster Property for a Signature QDMA Habitat Property!
Exceptional Recreational Property as well as "Higher and Better Use" Potential

Available for Only $2,100 per acre for an Immediate Sale!

Agricultural Aspects

This property would be a great investment for the family's timberland search. The sellers want to immediately liquidate the property and they just lowered the price to $2,100 per acre. That's a 60% discount from what they paid and its about 90% uplands in the productive Suwannee River Valley!

Approximately 1/3 +/- of the property is in timber now; approximately 17-18 years old and never thinned. The balance is old field farm land and some cut over land that was left to grow. This area is in the fertile Suwannee River Valley (the bread basket of North Florida) and grows great pine straw and timber and other agriculture. There are very little wetlands on the place. The old farmstead barn is still standing.

For comparison purposes, the normal "timber tract" in Florida is between 30% and 40% wetlands. That means if you took the average "$1,500 per acre" timber tract a buyer is actually paying $2,300 per acre for the productive land and getting less growing land than you bargained for. (This assumes swamp land is worth zero for the sake of this simple analysis.) Here, almost all of the land can be productive. So essentially, this is a very good deal. That also makes this a great buy and a bigger place when comparing "apples to apples" to other options for this type of timberland investment. It is certainly large enough to own.

Old Harrell Farmstead is in a great location. It's easy to get to right off I-10, between Madison and Live Oak. This area was prime during the boom and has the possibility to do so again in the future. It would be a great place to plant more trees. It certainly has an upside, and can be bought below today's timberland prices.

Old Harrell Farmstead also has highly productive soils for this asset class, super high productivity index, lack of wetlands, ease of access and future upside versus a regular timber tract.

Fertile Suwanee River Valley!

Overview

This 361+/ acres NW of Live Oak is one of the few remaining “Old Florida” properties remaining in this highly sought after area for recreation and development. The location is great. Just a few miles between the I-10/US 90 interchange and the location of the recently harvested “Wittington Monster Buck” that gross scored over 160 inches! This area is conveniently located in the North central portion of the State in a valley renowned for producing some of Florida’s largest whitetails. Value is everything in this market. The sellers have taken this "$5,000" per acre property and have priced it at Auction Prices at $2,100 per acre ensuring that it is one of the best buys in the market today.

Old Harrell Farmstead looks like it came straight out of the QDMA handbook!

Take a fertile 361 acre old farm homestead, let the fields and woods grow up over twenty years into a mix of the best deer habitat imaginable. Or, instead, rebuild the farm into a showplace again. Add to this a great location in the fertile Suwannee River Valley, great wildlife, some timber value with multiple habitat components, and you have a great, unique property. In addition, the sellers had planned on capitalizing on the higher and better use potential of this property. That obviously won’t work in this market but has opened up an opportunity for a sophisticated buyer to pick up a great recreational investment property that may yield tremendous results in the future.

Old Harrell Farmstead is not manicured or polished in any sense. It is textbook deer habitat; grown from a great old farm with live oaks, pecan groves, merchantable slash pine, and longleaf with wiregrass. Let the fields convert to woods and let the cover and browse dominate the under story.

This great old farm has come full circle into the textbook deer habitat. The cover, soft mast, and habitat diversity could not be any better. Old Harrell Farmstead consists of approximately 90% old farm fields, planted pines and unbroken wiregrass uplands with a few ponds and sink holes for ample water, yet the diversity is exceptional. It would cost ten’s of thousands of dollars to plant as many plum thickets, cherry, persimmons, blackberries, and other wildlife-friendly successional browse that is on this property. There are multiple blocks of un-thinned planted slash pines planted in old farm fields. There are several blocks of young natural longleaf with a wooded, but intact, wiregrass groundcover. As its name implies, enormous live oaks are scattered across the property.

Old Harrell Farmstead could be the poster property for a QDMA habitat candidate program.

Capitalize on this market opportunity to own your own recreational investment property.

Prices, plans, uses, dimensions, boundaries, locations, specifications, material, and availability are subject to change without notice. Illustrations are artistís depictions only and may differ from completed improvements. This is not an offering in the states where prior registration is required.

The Math Makes Sense on This Fertile Property with 90% Uplands!