, Magnolia, AR (Columbia County)

SEALED BIDS DUE 09-04-07. TO RECEIVE A BID PACKAGE, CALL OR EMAIL DFRE, PLLC OR CLICK THE 'CONTACT FOR MORE INFO' LINK ABOVE THE MAIN PHOTO. Tract Descriptions: These two tracts provide +/-122 total acres of timberland, development opportunity, and home site potential. Access to the tracts is excellent, and the properties are located less than five miles from Magnolia’s town square. Buyers will find access to electricity and gas. A 6-inch public waterline borders Tract 1, while Tract 2 is bordered by a 6-inch and a 10-inch public waterline. Tract 1: Approximately ½ mile of CR-11(Calhoun Road) serves as this +/-85-acre tract’s northern boundary. The property’s diverse attributes, including location, access, and merchantable timber, make this tract a desirable possibility for real estate investors in the Ark-La-Tex region. The northernmost +/-43 acres of this tract consist of 30 to 40-feet-tall natural pine and hardwood regeneration. Timber volume summaries for the southernmost +/-42 acres of the tract detailed stand tables are detailed in the BID PROSPECTUS – call to receive a bid prospectus on this tract. Tract 2: This +/-37-acre tract offers roughly one mile of paved road frontage. CR-11 serves as the tract’s western boundary, while the easternmost portion of CR-405 borders the property to the east. Additionally, the tract is bisected by CR-34. Thirty to 40-feet-tall natural pine and hardwood regeneration cover this tract. This property has excellent development potential. Access: The tracts lie approximately 1.5 miles east of AR 79, on each side of CR-11. The approximate boundary lines of the property are marked with pink DFC flagging.