Wayne County, TN
1386.69 Acres M/L

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Collinwood, TN 38450 |
Listing #15207

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Property Info

Description

Peoples Company is pleased to offer the opportunity to own 1,386.69 acres m/l nestled in the Tennessee Valley. This portfolio will be offered in three individual tracts via an Online Only Auction. Bidding is currently LIVE and will remain open until Tuesday, December 15th at 4:00 PM CST. The professionally managed land portfolio consists of approximately 817 row crop acres m/l with primary soils including Brandon Silt Loam, Sillerton Silt Loam, and Mountview Silt Loam. The balance of the farm contains mature hardwoods and loblolly pines. The pines were primarily planted between 2013 and 2018 with the highest quality plantation establishment practices and genetics employed to optimize the long-term value. The hardwoods in this portfolio consist of White Oak, Yellow Poplar, Beech, and Sweetgum. The combination of row crops and timber create an ideal habitat for wildlife, including deer and turkeys. These farms are centrally located between Savannah and Lawrenceburg, Tennessee, and Florence, Alabama, along the Tennessee/Alabama state line.

BIDDER INCENTIVE: A 10% opening bid incentive on each tract will be offered, where if the WINNING BIDDER(S) placed the OPENING BID, they will receive a 10% credit from the seller against the purchase price of that tract(s). Once the opening bid’s of each respective tract is met, the auction will be ABSOLUTE, selling to the highest bidder.

Sign On Property: Yes
General Area: North of Florence, AL
Online Bidding: Yes
Auction Date: Dec 15, 2020

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Auction Details

ALL BIDS WILL BE ON A PRICE PER ACRE BASIS

AUCTION END: Tuesday, December 15th at 4:00 PM CST

How to Bid?
Open up the Peoples Company auction you are interested in at PeoplesCompany.com. Click on any of the BID NOW icons within that auction. This will take you to our Online Bidding platform. Find the auction you wish to participate in and open it up. To participate in that auction click REGISTER TO BID. From there you will need to create a bidder account. Once that is created you are able to bid on any of our Online Auctions.

*Please see pages 18 &19 of the marketing brochure for additional Terms & Conditions.

360° TOUR

Use the 360 degree Interactive Tour to view the property from every angle. Click on the various vantage point icons to jump to different parts of the property. Click, hold, and drag to spin the camera in any direction.

Tract 1 - Piney Road, Collinwood, TN 38450

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Description

Tract 1 consists of 342.94 total acres m/l with approximately 154 acres m/l in row crop production. The row crop acres were converted from timberland with the first row crop produced in 2018. The balance of the property consists of mature hardwoods and loblolly pines that were planted in 2016. This tract is located south of Collinwood, Tennessee, along the north side of Piney Road.

Details

Acres: 342.94 Acres M/L
Parcel Number: 018.00
Net Taxes: $3,006.00

Directions

From Florence, AL: Travel north on Highway 20 for approximately 13 miles. Turn right on Natchez Trace Parkway and travel north for 13.5 miles before turning left on Piney Road. Travel west on Piney Road for .25 miles and Tract 1 will be on the north side of the road. Watch for detailed signs.

Tract 2 - Bevis School Road, Collinwood, TN 38450

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Description

Tract 2 consists of 707.75 total acres m/l with approximately 483 acres m/l in row crop production. The row crop acres were converted from timberland in multiple stages with first row crop produced in 2013 and 2014. The balance of the property consists of mature hardwoods and loblolly pines that were planted in 2016. This tract is located south of Collinwood, Tennessee, and can be accessed from Lauderdale County 178 on the south side of the property and Bevis School Road on the north side.

Details

Acres: 707.75 Acres M/L
Parcel Number: 003.00
Net Taxes: $6,327.00

Directions

From Florence, AL: Travel north on Highway 20 for approximately 13 miles. Turn right on Natchez Trace Parkway and travel north for 4.75 miles before turning left on Lauderdale County 10. Travel west on Lauderdale County 10 for 2.5 miles before the road turns into Lauderdale County 178. Continue northwest on Lauderdale County 178 for 1.5 miles and Tract 2 will be located on the north side of the road. Watch for detailed signs.

Tract 3 - State Line Road, St Joseph, TN 38481

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Description

Tract 3 consists of 335 total acres m/l with approximately 180 acres m/l in row crop production. The row crop acres were converted from timberland with the first row crop produced in 2012. The balance of the property consists of mature hardwoods and loblolly pines that were planted in 2014. This tract is located southeast of St. Joseph, Tennessee, along the south side of Stateline Road.

Details

Acres: 335.00 Acres M/L
Parcel Number: 010.00
Net Taxes: $3,053.00

Directions

From Florence, AL: Travel northwest on Highway 72 for approximately five miles before keeping left and traveling north on Highway for 10 miles. Turn right on Roller Coaster Road and travel east for .75 miles before turning left on S Old Military Road. Travel north on S Old Military Road for 2.5 miles before turning right on State Line Road. Travel east on State Line Road for .5 miles and Tract 1 will be located on the south side of the road. Watch for detailed signs.