20 ac tract in Bienville parish, LA
This is a timberland tract that is currently under a land and timber lease until 12-31-2027. The best use for this tract until the lease expires is for mineral speculation, exploration and development.
This tract joins a 40 ac tract to the east that is also for sale on the RecLand site.
NOTE: POTENTIAL BUYERS ARE TO REVIEW THE LEASE AND MAKE THEIR OWN DETERMINATION AS TO THE FITNESS OF THIS TRACT FOR THEIR INTENDED USE. RECLAND REALTY MAKES NO GUARANTEES AS TO ANY POTENTIAL USE OF THIS TRACT WHILE UNDER THIS LEASE. THE LEASE IS PROVIDED IN THE MAP SECTION OF THIS LISTING ON THE RECLAND SITE AND CAN BE EMAILED TO YOU BY THE LISTING AGENT.ANY UNPAID BONUSES OR FEES FROM LESSEE DUE OWNER WILL BE RETAINED BY OWNER.
YOUR OFFER IS SUBJECT TO A 60 DAY WAITING PERIOD DUE TO A RIGHT OF FIRST REFUSAL OF THE LEASE HOLDER.
Location: Approx. 6 miles northwest of Saline.
Legal: N/2 of NE of NE, Section 10, T14N, R7W, Bienville Parish, LA
Access: Road 540
Minerals: seller reserves 50%. Minerals are currently leased, with no current production, for 3 years beginning 6-3-2014 according to information provided by Seller.