Sold
841.6± Acres
Sold
Horry County, South Carolina

841.6 Acres - Horry County, South Carolina Tract A725 Mit Bank

ID: 109301
Status: Sold
Price: Sold
Acres: 841.6
Type: Timberland
County: Horry
Presented By: Mark McMillan

Description

This parcel consist of 841 +/- acres and is currently in the final stages of a permitting process to become a registered wetland mitigation bank.  This mitigation bank will have an excel of $5,000,000 of potential credits which can be sold to the public when the development impacts current wetlands.  This investment would provide an excellent income stream potentially over the next 10 years.  The current owner has spent approximately 2 years of engineering as well as consulting work to get this mitigation bank to its current stage.  This is a rare opportunity to purchase a new mitigation bank which would service Horry County and all the developments that would be in this surrounding area.

Location/Directions

From North Myrtle Beach travel west on Hwy 9 to Longs Community.  Turn left on Hwy 905 toward Conway.  Travel approximately 3 miles and turn right on Bear Grass Road.  Travel approximately 1 1/2 miles, turn right on Hemmingway Road.  Tract is approximately 1 1/2 miles and fronts on Hemmingway Road across from Cedar Branch Road. Look for Advance Land and Timber signs.

Property inspections shall be done during daylight hours. Seller and Advance Land and Timber, LLC in no way make any representations or warranties regarding the conditions of the property, including any and all access routes, and all persons entering upon the property do so at their own risk and accept said property “as-is” in its existing condition during such inspections. All persons entering upon the property assume all risks and liabilities and agree to indemnify, defend, and hold harmless Seller, its affiliates, officers, directors, managers, agents, representatives and employees from and against any and all claims, demands, causes of action, injuries (including death) and damages resulting from any accident, incident, or occurrence arising out of, incidental to or in any way resulting from his or her inspection of the property or his or her exposure to the conditions of the property.

Ask Mark About This Property

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