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James I. Alfriend Consulting Foresters, LLC
315 Church Street
P. O. Box 1270
Thomson, Georgia 30824
Phone: (706) 595-2210
    Fax: (706) 595-8911
1799 Highway 25, North
P. O. Box 1466
Millen, Georgia 30442
Phone: (478) 982-9022
    Fax: (478) 982-9022
E-Mail: jiacf@classicsouth.net
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Land For Sale

S O L D

TURKEY RIDGE TRACT
390.58 ACRES
JENKINS AND SCREVEN COUNTIES, GEORGIA

Acreage Summary
Location Map




Site Map






 Planted Pine – Thinned - 21 years old 338.00 Acres
 Natural Hardwood 45.00 Acres
 Non-timbered (Roads, food plots, easements) 7.58 Acres
 Total 390.58 Acres

Current Timber Value
 Pine Sawtimber 899 tons
 Pine Chip-n-Saw 7,688 tons
 Pine Pulpwood 13,881 tons
 Hardwood Sawtimber 485 tons
 Hardwood Pulpwood 1,672 tons

12 Year Projection - Pine Only
2nd thin - 2014 - Estimated cash flow - $130,000 or $385 per acre (from 338 acres of planted pines). Growth is estimated at 6% for the scheduled 2nd thinning 6 years out.

Pine Only Projection - Age 33
 Pineimber 15,583 tons @ $35.00 per ton $545,405
 Pine Chip-n-Saw 7,725 tons @ $18.00 per ton 139,050
 Pine Pulpwood 3,487 tons @ $9.00 per ton 31,383
  Total $715,838
SUMMARY

With a 12 year term, 2008-2020, a cash flow in 2012 of $130,000, and a future value of $830,495, the annual pre-tax compounded return on timber only is 10.39%. Growth and product estimates are predictable. Should stumpage prices increase, the yield increases. The estimated 10.39% annual return results from biological growth.

A hunting lease provides a yearly cash flow of $4,042.50. Property taxes to Screven and Jenkins Counties for 2008 were $3,883. This property can be protected by the Conservation Use Covenant, which will substantially reduce annual property taxes.

Road frontage is as follows:
Perkins/Hiltonia Road ....... 7,397 feet (paved)
Fred Chance Road ............ 5,557 feet (paved)
Dirt road .............................. 1,930 feet

There is a good interior road system providing access to all parts of the property.

Soils are very productive for timber growth with estimated site index of 65 to 70 feet at age 25. There is a current recorded plat.

Land value history shows positive appreciation. The Turkey Ridge Tract is situated between the metro areas of Augusta and Savannah. Land will continue to show positive returns over time as the population of Georgia increases to 12 million by 2030.


PURCHASE PRICE
$2,350 PER ACRE)

For more information contact:
James I. Alfriend Consulting Foresters, LLC
(706-595-2210)


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