1,133+/- acres in 5 tracts. Two tracts have 22 city approved $1,000,000

Acreage Off Market

1,133+/- acres in 5 tracts. Two tracts have 22 city approved building lots.This land investment opportunity surrounding the conserved Perch Pond Forest in Old Town features 5 separate parcels ranging in size from 10.5+/- acres to 764+/- acres for a total of 1,133+/- acres. It is value features include 22 approved building sites, 3+/- miles of town road frontage with electric and phone roadside, 3,800+/-feet of frontage 5 Son Pushaw Stream, and considerable timber inventory. All these features and a location less than 15 minutes from Bangor, Maine add up to the best large tract value available in the northeast today. Timber Inventory - The owner had a timber inventory done in 2019 showing 12.68 cords of merchantable timber per acre. This translates to over 14,000 gross cords of timber at the time of the cruise and does not account for the growth since that date. Location - Old Town is in central Penobscot County. This small city has a population of 9 over 7,800. The city is located next to Orono Maine, which is home to Maine's largest university. Bangor is just 12 miles from the property. This is the largest city in the northern half of Maine with an international airport, convention centers, casino, countless restaurants, a large medical center and more. This is an area with a high quality of life with good jobs and direct access to unspoiled forest and waters.