Price Reduced - 8029 +/- acres coastal marsh land for sale in Cameron Parish, LA
The property owner is currently working to establish a mitigation bank on a portion of the property. A mitigation servitude will be reserved on the approximately 5,000 acres of the property that qualifies. The new owner will benefit from this potential mitigation bank in two ways. First, through the wildlife habitat improvements that will be implemented by the bank. Second, the new owner of the property will receive a $1,500 per acre bonus payment for every mitigation acre sold. The property has 5,000 acres available for potential mitigation to be sold!! That's up to $7.5 million in possible returns.
Location: Hackberry area of Cameron Parish, LA on Shell Western Rd. Just minutes south of I-10 giving access to Houston to the west and Lafayette and Baton Rouge to the east.
Minerals: Seller will negotiat...
Minerals: Seller will negotiate mineral rights along with purchase price.
Legal Description: Situated in T12S, R11W in Cameron Parish, LA
Asking Price: $7,995,000
Call Coy Purkey at 318.267.1519 or see RecLand for all our listings. This property is shown by qualified appointment only.