226 acre irrigated pecan orchard. 127 acres timberland, 4 acre loading area. 3-6 year old trees of excellent varieties. Level topography with good soils.Excellent income property for 1031 tax exchange buyer. Property is under a 32 year lease which buyer will assume. Net income over the lease term is approximately $1,209,000. Trees may be depreciated annually over 10 years or potential lump sum schedule 179 deduction. Property is under a Conservation Use Covenant which buyer must assume. Program expires 2023.
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Research Parcel InformationDirections
From Marshallville, Ga. go North on Hwy 49 for about 1 mile. Orchard starts on right. Entrance to orchard - turn right on Massee Lane, cross railroad and turn left on dirt entrance adjacent to railroad.
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