Asking Price: $2,864,820 ($1,795 per acre)
Property Size: 1,596 acres
Location: Folkston, Georgia
Category: Hunting & Recreational Land
Improvements: Private, Gated Entry with Underground Power, Pole Barn, Equipment Storage Building, Rifle and Skeet Range, Fire Pit, Well and Water Softener System
Special Features: Bordering Okefenokee National Wildlife Refuge, Over 90% Uplands
"A great opportunity to own a high-quality investment property within an hour drive of several major cities in the southeast. This property would be an ideal investment for a company or individual to entertain clients and friends, protect taxable income thru conservation and produce revenue from cattle and timber."
Hunter Brant, President
Oakwood Realty Group
High Quality investment land with merchantable timber – Ideal candidate for a conservation easement and cattle conversion. Great location bordering the Okefenokee Natational Wildlife Refuge with 4-lane highway access directly to the property and located in close proximity to Jacksonville, Brunswick and Waycross. The property is mostly uplands and is ideal for conversion to a silvi-pasture type cattle operation. A cattle lease or operation would add a second recurring revenue source in addition to timber income. This property would be an ideal investment for a company or individual to entertain clients and friends, protect taxable income thru conservation and produce sustainable revenue from cattle and timber.
The Okefenokee Nat’l Wildlife Refuge, which borders the property to the West, is an enormous benefit and makes the property an ideal candidate for a conservation easement. The new owner could protect approximately $2,000,000 in taxable income by donating the easement, resulting in as much as $800,000 direct tax savings to the Owner and reducing their basis to around $1,200 per acre. The Refuge also provides a one of a kind large acreage neighbor that will never be developed as well as a refuge for wildlife of all kinds that use this property as well. The refuge was established in 1937 and encompasses over 400,000 acres of unique wetlands habitat and is the headwaters of both the Suwannee and St Mary’s Rivers. The Refuge is a great asset to this property. In addition to the Refuge, Okefenokee Sporting Clays, a tournament quality sporting clays course, is just a 5-minute drive away and offers the opportunity to host and entertain clients and friends with a terrific facility for shooting and entertainment.
- Multiple potential investment returns – Conservation, Ag income, Timber income
- Major rebate available from donating easement, lowering owner’s basis to $1,200 per acre after donation
- Ideal candidate for silvi-pasture type cattle conversion – providing diversity of income with timber and cattle operation
- Quality improvements: pole barn with office, full utilities, shooting range, fire pit, enclosed equipment storage building
Okefenokee National Wildlife Refuge:
Okefenokee Sporting Clays:
Jacksonville – 36 miles (Jax Int’l Airport)
Folkston – 6.5 miles
Brunswick (Golden Isles) – 33 miles
Waycross – 25 miles
Amelia Island / Fernandina – 42 miles