1 Peavy Road, MS 39301 (MLS# 1258341)

This land is located in rural west Lauderdale County and east Newton County, MS. It is approximately 600.55 acres with frontage and access along the north side of Peavy Road North, both sides of Bogue Flower Road and the east side of Coffee Cup Road. All are county maintained graveled roads. The property is irregular in shape and is accessed by dirt roads and trails. The interior dirt roads were established for logging and recreational purposes. The interior roads have metal vehicle gates along the public roads to prevent unauthorized access. Topography ranges from slightly sloping to sloping gullies with the highest elevation along Coffee Cup Road on the west side of the property. Tallahatta Creek and Bogue Flower Creek run through the property with the surface drainage generally toward the south. The utilities available to the property include electricity from Southern Pine Electric Power Association and Duffee Water Association community water. There are no utilities on the property. The property is composed of several soil types. The main soil types are Quitman loam, Jena fine sandy loam, Arundel-Smithdale-Williams association, Arundel-Sweatman-Smithdale association, Ruston fine sandy loam and Arundel-Lauderdale association. Many of these soils are intertwined. The Office of the Newton County Mississippi Tax Assessor has assigned the property Tax Parcel Numbers 143R-12-005 and 144R-13-01. The Office of the Lauderdale County Mississippi Tax Assessor has assigned the property the Tax Parcel Numbers 06418-02 and 06307-01. Both counties appraised the property based on Agricultural Use value instead of the True Value. The highest and best use of this property is timber production and recreational hunting purposes. Most of the property is composed of 12 year old pine plantation and there are hardwoods along the creeks and scattered across the tract. Deer hunting is reported to be good and the property is leased out, but with a termination clause if the property is sol