Moriah Forest Land

Ensign Pond Rd Moriah, NY 12961

FOR SALE
Property Type:
Other Land
Amount:
$1,800,000
Last Verified:
Aug 13, 2022

Highlights

  • Over $600,000 in current timber value.
  • Professionally managed forest.
  • Expected to exceed 5% compounded rates of return.
  • 15 Commercial tree species (10 hardwood)

Description

The Crowfoot Pond Tract is a 1,775 acre parcel of rugged Adirondack forestland. The Tract is 50% forested with the remaining acreage in ledge rock, water and fields. A natural 2.5 acre Adirondack pond and 600 feet of shoreline on Crowfoot Pond are within the bounds of the property. County Roads at the north and south end of the property and the Town owned Crowfoot Pond Road are maintained throughout the year and provide good access.

The Crowfoot Pond Tract is a good opportunity for management and investment. The majority of the commercial forestland is growing timber at or near full capacity. Mature and low quality trees have been harvested in most stands, leaving good quality trees to grow. Trees in many of the stands are ready for harvesting. This forest contains a variety of tree ages that with correct management will allow continuous periodic harvesting.
The amount, size and quality of the timber indicate that the compounded rate of return will exceed 5% over the next 10 – 20 years.

Moriah is a town in Essex County, New York, United States. The population was 4,798 at the 2010 census. The town is in the eastern part of the county. It is 47 miles by road south-southwest of Burlington, Vermont, 55 miles south of Plattsburgh, 115 miles north of Albany, and 116 miles south of Montreal, Quebec.

This acreage lies 10 minutes (6 miles) west of Moriah's center and 15 mins from Port Henry at the shores of Lake Champlain.

Lot Size: 1775.0 acres


Documents

Offering Memorandum

Map of Ensign Pond Rd, Moriah, NY, 12961

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