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    201 Vanboklen

    Eastover, SC 29044
    • $262,500
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 517373
    Price Reduced
    $262,500
    • 0
      BEDS
    • 89
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing courtesy of Re/Max Advantage Group.

    Description

    This is a 1st time offering ( property has been in family a very long time ) .This 89 acre tract offers a 1993 Plantation of Longleaf Pines thinned in 2016 and managed control burns for Pine Straw harvesting producing annual income , approx 35 acres of Loblolly Pines and mixture of Hard Woods , on the East side of VanBoklen are approx 5 acres of mature Loblolly Pines ready for harvesting . At the bottom of Tract there is a nice creek with 2359 feet of creek frontage . There is a Cell Tower ground lease in place that is valued at $170,000 , this ground lease produces $930 per month of income . There has been a lot of interest in the Cell Tower ,an offer of $170,000 presented on 6/7/21. ( The Cell tower buy-out figure is in addition to the $262,500 list price of the 89 acres ) All of the Cell Tower buyers do not want to buy the land . If you as a land buyer do not want the Cell Tower income , I will assist you in selling the Cell Tower , I have had approx 10 Cell Tower buyers contact me . SBA Communications who controls the ground lease at present offered $145k 5 years ago and $165k recently , there are provisions in lease for every 5 year bumps of income and as seen in their offers . I specu;ate SBA will pay more as will another Cell Tower Co. ( At $170 that is right at a 7% return for doing nothing )

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    © 2021 Consolidated Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Specialists. Data last updated: 2021-06-20T23:39:54.597.
    www.nexthomespecialists.com/homes/117283813
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    201 Vanboklen Eastover, SC 29044

    • Price: $262,500
    • Status: Active
    • MLS #: 517373
    0
    Beds
    0
    Baths
    0
    ½ Baths
    89
    Acres
    Neighborhood:
    None
    County:
    Richland
    Area:
    Rural Richland Co Southeast - Ea
    Elementary School:
    Webber
    Middle School:
    Southeast
    High School:
    Lower Richland
    School District:
    Richland One
    Property Description
    This is a 1st time offering ( property has been in family a very long time ) .This 89 acre tract offers a 1993 Plantation of Longleaf Pines thinned in 2016 and managed control burns for Pine Straw harvesting producing annual income , approx 35 acres of Loblolly Pines and mixture of Hard Woods , on the East side of VanBoklen are approx 5 acres of mature Loblolly Pines ready for harvesting . At the bottom of Tract there is a nice creek with 2359 feet of creek frontage . There is a Cell Tower ground lease in place that is valued at $170,000 , this ground lease produces $930 per month of income . There has been a lot of interest in the Cell Tower ,an offer of $170,000 presented on 6/7/21. ( The Cell tower buy-out figure is in addition to the $262,500 list price of the 89 acres ) All of the Cell Tower buyers do not want to buy the land . If you as a land buyer do not want the Cell Tower income , I will assist you in selling the Cell Tower , I have had approx 10 Cell Tower buyers contact me . SBA Communications who controls the ground lease at present offered $145k 5 years ago and $165k recently , there are provisions in lease for every 5 year bumps of income and as seen in their offers . I specu;ate SBA will pay more as will another Cell Tower Co. ( At $170 that is right at a 7% return for doing nothing )
    Exterior Features

    Road Frontage 1351+1231+1101 Road Surface GravelPaved Road Type County Topography LevelRollingStreamWooded Water Frontage 2349 Water Frontage Type Creek

    Property Features

    Avail Financing Cash Foreclosed Property No Land Type Acreage Location CornerOtherWater Miscellaneous Horse Ok Mobile Allowed Yes Sewer None Short Sale No Water None

    Listing information © 2021 Consolidated Multiple Listing Service, Inc.
    Listing provided courtesy of Re/Max Advantage Group.



    © 2021 Consolidated Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Specialists. Data last updated: 2021-06-20T23:39:54.597.
     
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    NextHome Specialists
    1010 Gervais St., Ste 100
    Columbia SC, 29229
    Listing courtesy of Re/Max Advantage Group.