An exceptional agricultural investment opportunity awaits with this 46.09-acre property, featuring 18 acres of fully planted commercial bamboo. The grove consists of the highly desirable Asper variety, now five years established and already producing healthy 20–30 ft canes, with full maturity approaching. This unique offering includes a 10-year buyback contract with a Florida-based company for both bamboo shoots and timber once mature—providing built-in market stability and dependable revenue potential. Based on current projections, the mature bamboo stand is expected to generate approximately $10,000 gross/acre annually, offering a strong long-term income stream. In addition to its agricultural value, the property also features a barn measuring approx. 62' x 52' providing ample storage or operational space. Perfect for investors seeking a turnkey agricultural venture with strong future yields, established infrastructure, and a secured commercial partnership.
Financial Considerations
Price:
$1,152,250
HOA Fee:
N/A
Tax Amount:
$1748.63
Price per SqFt:
$0.57
Tax Legal Description:
LANGFORD R C EST SUB PB 1 PG 7B LOTS 1 S 3 AC & 9 17 25 LESS R/W FOR MT PISGAH RD & LESS COMM SW COR OF SEC RUN N00-01-19E 1318.92 FT TO SW COR OF NW1/4 OF SW1/4 OF SEC & ALSO BEING SW COR OF LOT 25 N89-53-34E 25 FT TO E R/W LINE OF MT PISGAH RD & PO B N00-01-19E 304.91 FT N89-53-34E 180.89 FT S00-01-19W 304.91 FT TO PT ON S LINE OF NW1/4 OF SW1/4 & S LINE OF SAID LOT 25 S89-53-34W 180.89 FT TO POB