old spring hill - parcel e

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OLD SPRING HILL 1108 Acres Old Spring Hill

LOCATOR MAP

DELANEY LAND AND REALTY, LLC P. O. Box 16126, Mobile, AL 36616 225 Springhill Memorial Place Mobile, Alabama 36608

Contact Information Josh Thornhill Phone: 334.606.9488 Fax: 334.289.8173

[email protected] or

Eddie Thornhill Phone: 334.606.9487 Fax: 334.289.8173

[email protected]

The Old Spring Hill tracts are a great timberland and recreational investment located in Central Perry County. The property is loaded with timber, has a great road system and a beautiful 9 acre lake. Prices vary per tract but the entire property can be bought for $1985.00 per acre. Please contact Josh or Eddie Thornhill for a complete package. Although Delaney Land and Realty, LLC, has obtained the information contained herein from sources it believes to be reliable, and believes the information to be correct, no representations or warranties, express or implied, are made as to the accuracy or reliability of this information. Any references to acreage are approximate only. The recipient bears sole responsibility for verification of the accuracy of the information contained herein and bears all risk for any inaccuracies. Delaney Land and Realty, LLC, shall have no liability or responsibility to any party for any loss or damage arising from reliance by any party on the information contained herein.

General Information Old Spring Hill is a Beautiful rolling, timbered, property located north of Marion, Alabama in Perry County. The tract offers a unique investment opportunity for someone looking to buy land. The tracts are located in the central part of the State where a buyer can enjoy both solid wood markets and great hunting. This property has good road frontage, with water, power and telephone available. There are several good locations for new campsites and there is an existing campsite with city water, power and septic. Several existing green fields compliment the property. The nine acre lake is great for fishing, adding to year-round enjoyment. Come take a look at the property and see for yourself this great opportunity.

Prices All Parcels 1108 Deeded Acres $2,199,380.00. or $1985.00 per acre Parcel A 480 Deeded Acres $1,200,000.00 or $2500.00 per acre Parcel B 335 Deeded Acres $452,250.00 or $1350.00 per acre Parcel C 114 Deeded Acres $256,500.00 or $2250.00 per acre Parcel D (SOLD) 83 Deeded Acres $178,450.00 or $2150.00 per acre Parcel E 179 Deeded Acres $402,750.00 or $2250.00 per acre Contact Josh Thornhill (334) 606-9488 Eddie Thornhill (334) 606-9487 www.delaneylandandrealty.com

OLD SPRING HILL

SOLD

Roads Parcel A 480 Ac+/Parcel B 335 Ac+/Parcel C 114 Ac+/Parcel D 83 Ac+/Parcel E 179 Ac+/-

SOLD

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OLD SPRING HILL Topo

SOLD

Parcel A 480 Ac+/Parcel B 335 Ac+/Parcel C 114 Ac+/Parcel D 83 Ac+/Parcel E 179 Ac+/Roads

SOLD

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Property Location The Old Spring Hill Tracts are located in Central Perry County just North of Marion, AL. The property has frontage on Highway 29. There is water, power and telephone available. These tracts are just 72 miles from the intersection of I-459 and I-65 in South Birmingham, 85 miles to downtown Montgomery and a short 55 miles to downtown Tuscaloosa. Highway 5 is the major highway that runs through this area. The highway was the original route from Mobile to Birmingham before I-65 was built. Highway 80 is located 18 miles south of the property and is a four lane highway that is the major east/west corridor for central Alabama. Several miles north of the property is the Talladega National Forest. This Forest contains ample hiking and hunting opportunities for outdoor enthusiasts. To the south of the property is Marion, AL and to the east of the property is the Cahaba river basin.

Old Spring Hill

Timber Markets The Old Spring Hill Tracts are located on the border of the North and South wood baskets of Alabama. These two wood baskets have been profiled by Forisk Consulting and Timber Mart-South as some of the top producing wood markets in the Southeast. Prices in the North have ranked in the top three for saw timber and Chip and Saw products over the past five years. Pulpwood has been consistent with the rest of the Southeast in the northern region. The southern region has far exceeded the rest of the Southeast over the past five years with a 25% premium for Pine Saw timber. Although this gap has closed over the last year, this region can expect to see those premiums when the market recovers. Pine and Hardwood pulpwood prices in the southern region have also been consistently higher than the rest of the Southeast. With five mills procuring pulpwood in the immediate vicinity of this Tract, expect for those prices to remain strong. The following table shows the location of the primary forest products industries and their distance from the property.

Approximate Distancefrom Property

Company

Town

State

Product

MillType

InternationalPaper

Pinehill

AL

Pulpwood

Pulp

60miles

InternationalPaper

Selma

AL

Pulpwood

Pulp

40miles

InternationalPaper

Prattville

AL

Pulpwood

Pulp

64miles

ScottDavisChipMill

Brent

AL

Pulpwood

Chip

23miles

RockTenn

Dempolis

AL

Pulpwood

Pulp

56miles













Weyerhauser

Pinehill

AL

Pine/Sawtimber/CNS

Lumber

60miles

GeorgiaPacific

Thornsby

AL

Pine/Sawtimber

Plywood

58miles

Westervelt

Moundville

AL

Pine/Sawtimber/CNS/ Canterwood

Lumber

30miles

WestFraser

Maplesville

AL

Pine/Sawtimber/CNS

Lumber

41miles

KykenKee

Vance

AL

Pine/Sawtimber/CNS Hardwood/Canterwood

Lumber/Crosstie

60miles

CahabaPressureTreated ForestProducts

Centerville

AL

Pine

Poles

42miles













CahabaVeener

Centerville

AL

Hardwood

Veneer

25miles

BibbHardwood

Montevallo

AL

Hardwood

Lumber/Crosstie

51miles

Miller&Company

Selma

AL

Hardwood

Lumber

37miles

LindenLumber

Linden

AL

Hardwood

Lumber

56miles

Timber Prices The timber prices listed below are taken from a 13 year average of Timber Mart-South annual averages. These prices are regional to the North and South part of the State. Because Old Spring Hill is located in the central part of the State and is within a close proximity to several competitive forest product industries, these prices should be a good indicator of future values. Future prices will, of course, vary and may not follow the averages shown below.

TimberMartSouthAveragesNorthAlabama  Year

PinePulpwood PineCNS

PineSawtimber HardwoodPulp



1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

$12.00 $12.00 $10.00 $8.75 $5.25 $5.50 $7.50 $6.75 $7.25 $6.75 $6.75 $8.46 $8.94

$33.00 $36.00 $34.00 $34.00 $27.00 $27.50 $28.00 $26.00 $27.00 $24.00 $22.00 $18.26 $16.01

$46.00 $48.00 $46.00 $45.50 $38.00 $43.00 $44.00 $45.00 $49.00 $44.00 $40.00 $33.99 $27.57

$8.50 $8.00 $6.00 $6.00 $6.00 $7.00 $10.00 $7.25 $9.00 $6.00 $6.75 $8.64 $12.79

           

Average

$8.15

$27.14

$42.31

$7.84



TimberMartSouthAveragesSouthAlabama  Year

PinePulpwood

PineCNS PineSawtimberHardwoodPulp



1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

$12.50 $13.00 $10.75 $8.00 $6.75 $6.25 $8.00 $7.50 $8.00 $7.00 $7.50 $8.46 $8.94

$37.00 $39.00 $36.00 $35.00 $30.00 $27.50 $28.00 $29.00 $27.00 $26.00 $23.00 $18.26 $16.01

$53.00 $53.00 $49.00 $50.00 $44.00 $45.00 $47.00 $49.00 $49.00 $46.00 $41.00 $33.99 $27.57

$9.50 $9.50 $8.00 $7.00 $7.50 $7.25 $12.75 $9.00 $8.75 $7.25 $7.00 $8.64 $12.79

           

Average

$8.67

$28.60

$45.20

$8.84



Tract Information In this section, Old Spring Hill has been broken down into five tracts. These tracts all offer good timber volumes, access, internal road systems and great hunting opportunities. The parcels are broken down to the stand levels*. The Timber Volumes are based on a cruise done in October of 2008 by Springdale Land Management.**

*All stand information and acreage is approximate and based on GIS programming that may not be accurate as compared with deeded acreage and on-site timber stands. ** Timber volumes and other cruise information provided only as a guideline to indicate approximate timber types and quantities. This information should not be relied upon for investment analysis / purchase, as it is not up-to-date. For more detailed and reliable timber information, it is recommended that a new cruise be obtained from a reputable registered forester or timber consultant.

OLD SPRING HILL Parcel E

Green Gate

Great Camp Site

Gate

Roads_protex Parcel E 179 Ac+/Planted Green Fields

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Old Spring Hill Tract

Parcel E

StandNumber 22 23 29 30 32

Age 19 19 50 60 2

StandAcres 97.44 14.38 26.16 37.53 1.28

CoverType Pine Plantation Pine Plantation Hardwood Upland Hardwood Bottomland NP - Wildlife Food Plot

Tracts Stands Woods Roads

Feet

Created by DDI, 12/10/2007

500

1000

OLD SPRING HILL - PARCEL E STAND 22 Stand Attribute Established Date : 1/1/1991 Stand Class : Merchantable Cover Type : Pine Plantation Best Land Use : Pine Plantation Cruise Status : Stand Level Inventory Cruise Accessibility : Good Operability : Year Round Volume Summary/Ac (Current) Species Group Product Conifer CNS Conifer Pulpwood Conifer Sawtimber Conifer Topwood Hardwood Pulpwood

100.00 % Productive 97.44 GIS Acres 97.44 Productive Ac. 0.00 Non Productive Ac. 0.00 Road Ac. Legal Access : Yes Logging Type : Conventional Tons/Ac. 12.31 42.79 0.49 1.01 10.93

Trees/Ac. 25.95 214.15 0.42 0.00 62.19

Basal Area/Ac. 13.85 47.18 0.51 0.00 15.38

STAND 23 Stand Attribute Established Date : 1/1/1991 Stand Class : Merchantable Cover Type : Pine Plantation Best Land Use : Pine Plantation Cruise Status : Stand Level Inventory Cruise Accessibility : Good Operability : Year Round Volume Summary/Ac (Current) Species Group Product Conifer CNS Conifer Pulpwood Conifer Topwood

100.00 % Productive 14.38 GIS Acres 14.38 Productive Ac. 0.00 Non Productive Ac. 0.00 Road Ac. Legal Access : Yes Logging Type : Conventional Tons/Ac. 8.25 81.56 0.87

Trees/Ac. 22.64 357.29 0.00

Basal Area/Ac. 10.00 90.00 0.00

100.00 26.16 26.16 0.00 0.00 Legal Access : Logging Type :

% Productive GIS Acres Productive Ac. Non Productive Ac. Road Ac. Yes Conventional

Tons/Ac. 35.05 14.64

Trees/Ac. 195.65 12.61

100.00 37.53 37.53 0.00 0.00 Legal Access : Logging Type :

% Productive GIS Acres Productive Ac. Non Productive Ac. Road Ac. Yes Conventional

Tons/Ac. 1.60 4.19 0.49 41.96 26.07

Trees/Ac. 3.67 3.14 0.00 122.72 19.35

STAND 29 Stand Attribute Established Date : 1/1/1960 Stand Class : Merchantable Cover Type : Hardwood Upland Best Land Use : Hardwood Upland Cruise Status : Stand Level Inventory Cruise Accessibility : Good Operability : Year Round Volume Summary/Ac (Current) Species Group Product Hardwood Pulpwood Hardwood Sawtimber

Basal Area/Ac. 48.00 16.00

STAND 30 Stand Attribute Established Date : 1/1/1950 Stand Class : Merchantable Cover Type : Hardwood Bottomland Best Land Use : Hardwood Bottomland Cruise Status : Stand Level Inventory Cruise Accessibility : Good Operability : Year Round Volume Summary/Ac (Current) Species Group Product Conifer CNS Conifer Sawtimber Conifer Topwood Hardwood Pulpwood Hardwood Sawtimber

Basal Area/Ac. 2.00 4.00 0.00 54.00 28.00

STAND 32 Stand Attribute Established Date : 6/12/2008 Stand Class : Open-productive Cover Type : NP - Wildlife Food Plot Best Land Use : NP - Wildlife Food Plot Cruise Status : Null Accessibility : Good Operability : Year Round Volume Summary/Ac (Current) Species Group

0.00 % Productive 1.28 GIS Acres 0.00 Productive Ac. 1.28 Non Productive Ac. 0.00 Road Ac. Legal Access : Yes Logging Type : Conventional Product

Tons/Ac.

Trees/Ac.

Basal Area/Ac.