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Listed by Chris Burke • Burke Realty LLC
$ 106,000
Est. payment | /mo
40 Acres Lot
$ 106,000
Est. payment | /mo
40 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Municipality MINONG
MLS Listing ID 1589267
Annual Tax Amount $76
Tax Year 2024
Lot Size 40.000 Acres
Acres 40.0
Property Description
This remote 40 acre parcel offers seclusion, timber revenue, and great hunting opportunities. There is walk in access on an existing logging road with an option to purchase a vehicular easement from the neighbor to Nancy Lake Road. 5 Mile Creek flows through the Northwest corner of the property and the existing trails provide access to the property. The land is enrolled in the Managed Forest Law "Open" program for property tax relief. If an offer to purchase is signed prior to December 1st, the land can be switched to MFL "Closed" starting on January 1, 2026. A majority of the land was planted to red pine in 1981 and the plantation is ready for it's first thinning. This thinning will improve tree health, increased diameter growth and the logging operation will improve the existing logging road for future access not to mention income opportunity. If you are looking for good hunting land with investment opportunity, then you found it.
Location
State WI
County Washburn
Zoning Forestry
Exterior
Utilities Available None
Building
Lot Description Rolling/Hilly, Wooded, In Federal/State Land Progrm
Sewer No Waste Disposal System
New Construction N
Schools
School District Northwood
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