470 Acres Laird Rd, Pelkie, MI 49958

Description

Southern Houghton County Timberland Investment Property for sale. This 470 acre upland hardwood parcel checks every box for timber investment. It is primarily upland hardwoods with an extensive internal road network. The Silver River touches the very eastern boundary. There is year round paved road frontage on Laird Road. The acreage has been held by the same family for decades and is enrolled in the Qualified Forest Program. This provides an outstanding tax benefit both with annual savings and capping of the taxable value that passes to the next owner, providing a very low cost of ownership for the asset value while also keeping the parcel privatized. This has been meticulously managed for long term quality hardwood production. Harvesting has been occurred in 10-15 yr rotations with the most recent being in 2021. This would make a great mixed use investment for someone who wants to potentially build a cabin and or use the property for hunting and recreation. A large block of Ottawa National Forest lies adjacent to the parcel on the west side of the road. This is just 17 miles from Baraga. Step into a high quality property with low carrying cost and significant return expected within a 5-10yr window at the time of the next harvest.