LAND AUCTION! 4398 Acres in McDowell County WV
±4,398 Acres of Timberland in Browns Creek | For Sale by Online Auction
Ended: 05/24/19 at 11:59 AM EDT
ONLINE AUCTION – ±4,398 Acres of Timberland in Browns Creek, McDowell County, WV
Marytown, WV 24801
This online auction is for ±4,398 acres of timberland in Browns Creek, located just south of Marytown in McDowell County, WV.
Select features/highlights include:
- Over 160,000 linear feet of streams were recently restored on the property for a stream mitigation bank* project and ±2,273 acres of stream buffer areas are protected from development by a conservation easement.**
- The tract has ±2,125 acres of unrestricted timberland and good access, as well as interior access roads/trails.
- There are also “In Holding Parcels” within the boundaries of the property (±279 acres) which are parcels of land that are owned by third parties.
- The deer and wildlife populations are thriving due to the recent restoration work done by the property owner.
* Stream Mitigation Bank – A stream mitigation bank is the restoration of stream and associated riparian buffer areas by a private company to generate credits certified by the Army Corps of Engineers that can be purchased by third parties to offset expected adverse impacts from development projects to similar nearby stream ecosystems.
** Conservation Easement – A conservation easement, or deed restriction, is a perpetual restriction placed on a piece of property to protect the land and its resources for future generations while allowing owners to retain many private property rights. On this particular property, the conservation easement protects the stream restoration work that was done and ensures the conservation area will remain in its natural condition in perpetuity. The landowner is allowed to use the property in the conservation area for any purpose that does not conflict with the conservation easement. Activities that are not permitted within the conservation area include building structures or roads, changing the topography of the land, commercial tree harvesting, and agricultural activities.
Click the link below to access more information on Browns Creek, McDowell County, WV:
Richard Grist Broker/Auctioneer 1751/Forester
1029 Washington East Street, Lewisburg, WV 24901
Lewisburg office phone 304.645.7674
Randy S. Burdette, CAI 927 Lead Auctioneer/ Realtor
304-667-2897 Cell, call or text
Real Estate Terms : (Complete terms to be in the Property Information Package)
- There is a 10% buyer’s premium to be added to the final bid price of the real estate and shall become part of the total contract price.
Feb. 20th, 2019 10:48 pm
10% BUYER’S PREMUIM IS IN EFFECT FOR THIS AUCTION EVENT. More terms are posted on FRE website.