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Would you buy this land?
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<blockquote data-quote="Fred" data-source="post: 242692" data-attributes="member: 125"><p>I would look at it as an investment. What is comparable property selling for in the area? It sounds like you have highway frontage on both sides which may be valuable. I would look into the mineral rights because I think in Louisiana the minerals return to the owner if there is no oil production after 10 years. You would have to look into that. With nine years of tree growth I would consider just keeping the trees,hold it as an investment and not try to turn it into a mini-ranch. Also if you like to hunt you could manage it for hunting.</p></blockquote><p></p>
[QUOTE="Fred, post: 242692, member: 125"] I would look at it as an investment. What is comparable property selling for in the area? It sounds like you have highway frontage on both sides which may be valuable. I would look into the mineral rights because I think in Louisiana the minerals return to the owner if there is no oil production after 10 years. You would have to look into that. With nine years of tree growth I would consider just keeping the trees,hold it as an investment and not try to turn it into a mini-ranch. Also if you like to hunt you could manage it for hunting. [/QUOTE]
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