Reynolds Forestry Consulting & Real Estate, PLLC Colleen Morphew, Principal Broker Real Estate Manager Office: (870) 234-0200 ext 4
Real Estate Sales, Appraising and Forestry
Web: www.reynoldsforestry.com Email:
[email protected] Cell: 870-299-0978
PO Box 1129 Magnolia, AR 71754 Fax: (870) 234-0089
Timberland Sale McDaniel 72 - Columbia County (south of Magnolia in southwest Arkansas) Sale Type:
Lump sum timberland sale by sealed bid. To view more detail visit www.reynoldsforestry.com by selecting “McDaniel 72” in “Land Sales” or email
[email protected] or call Colleen at 870-299-0978.
Sealed Bid Date: Bid Location: Lump Sum Bid:
1:00 pm (USA Central Time) Thursday, July 12th, 2012 (bid luncheon at 12:00 pm). Reynolds Forestry Consulting & Real Estate Office, 2315 North Vine Street, Magnolia, Arkansas. Land & Timber Combined (Undivided 50% Interest of 72.5 deed acres): _____________________________________.
Bidder:
Name:
Company:
Phone:
.Fax:
.
. Email:
.
Property Overview: Conveying 50% undivided interest in 72.5 acres (more or less) in natural mixed forest located 3 miles south of Magnolia in the Walker Community and Magnolia school district. Electricity, phone, natural gas, and public rural water are available. Blacktop and gravel road frontage. Inventory Method:
Inventoried with seventy 1/10th acre plots; plot #1 starting in SW corner with beginning strip running south to north, plots were
flagged orange and numbered. Bidders are welcome to conduct due diligent inspections and/or inventories. All individuals entering upon the property assume liability for their own safety and actions and waive landowner liability. Stocking Summary: Stand A Stand B Acres Acres
Product
Total Acres
Hardw ood Pulpw ood Pine Saw timber
Trees Per Dbh Height Average Acre Average (16' Logs) 117
7.6''
22
11.9''
37
7.0''
Oak Saw timber
2
14.7''
Miscellaneous Saw timber
1
14.0'' na
71
Pine Pulpw ood
0
71
Pow er Line
0
1.5
1.5
na
Total Timber Volumes
71
1.5
72.5
178
2.1 2.0 2.3 1.1 1.4 na
Tons Per Tons Per Tree Acre
Tons Total
0.24
29
2,032
0.58
13
894
0.22
8
588
0.57
1
69
0.58
0
29
na
na
na
0.29
51
3,612
Dbh = Diameter at Breast Height (4.5 feet from above ground; Refer to website for Volumes & Reports
Access:
Approximately 290 feet of blacktop road frontage on Columbia County Road 246 and approximately 856 feet of gravel road frontage on Columbia County Road 265.
Bidding:
Bids received by fax, email, web, mail, in-person and phone (recorded) are confirmed and sealed until bid opening. If you need additional information or a tour of the property feel free to contact me. Notification of bid acceptance or rejection to intentful bidders with-in 48-hours.
Reservations:
Minerals are reserved. Seller reserves the right to reject any and all bids.
Earnest & Closing:
5% earnest money paid within 5 business days of acceptance. Closing administered by RFC. Closing within 30-days of bid acceptance. Taxes prorated. Revenue stamps, buyer’s title insurance and closing administration divided equally. Closing costs added by buyer are paid by buyer. No other terms exist outside this document unless dually executed by both parties. All submitted bids (verbal or written) are legally binding to all terms stated in this bid prospectus and any deviating party is responsible for reimbursing legal costs related to ensuring compliance. Exceptions & contingencies by bidder must be in writing with bid.
Legal & Lines:
50% undivided interest in 72.5 acres more or less consisting of 35 acres in SW¼ of SE¼; 6.5 acres in W½ SE¼ SE¼; and 31 acres in NW¼ SE¼ all in Section 1, Township 18 South Range 21 West, all in Columbia County, Arkansas. North sale boundary Columbia County Road 246; East boundary RFC white flagging, old fence, and old pink flagging; South boundary RFC white flagging and Columbia County Road 265; West boundary white paint, old pink flagging, and RFC white flagging (see aerial map). No survey provided. Metes and Bounds described in warranty deed. Email or call if you have any questions or would like a tour of the property. Colleen Morphew, Principal Broker, Reynolds Forestry Consulting & Real Estate, Pllc
Columbia County Road 246 McDaniel 72 Timberland Sale Prospectus
Old homeplace oak
Natural pine
Natural mixed forest Page 1 of 11
McDaniel 72 Timberland Sale Prospectus
Page 2 of 11
McDaniel 72 Timberland Sale Prospectus
Page 3 of 11
McDaniel 72 Timberland Sale Prospectus
Page 4 of 11
Volume Report Summary McDaniel 72 Columbia County, Arkansas Margie Russ' - 50% Undivided Interest www.reynoldsforestry.com May 3, 2012
Product
Stand A Acres
Stand B Acres
Total Acres
Trees Dbh Per Acre Average
Height Tons Per Tons Per Average Tree Acre (16' Logs)
Tons Total
Hardwood Pulpwood
117
7.6''
2.1
0.24
29
2,032
Pine Sawtimber
22
11.9''
2.0
0.58
13
894
37
7.0''
2.3
0.22
8
588
Oak Sawtimber
2
14.7''
1.1
0.57
1
69
Miscellaneous Sawtimber
1
14.0''
1.4
0.58
0
29
na
na
na
na
na
0.29
51
3,612
Pine Pulpwood
71
0
71
Power Line
0
1.5
1.5
na
Total Timber Volumes
71
1.5
72.5
178
Dbh = Diameter at Breast Height (4.5 feet from above ground)
McDaniel 72 Timberland Sale Prospectus
Page 5 of 11
Inventory Report
McDaniel 72
Margie Russ Columbia County, Arkansas 6/17/2012
RFC P. O. Box 1129 Magnolia, AR 71754 (870) 234-0200
72.5 Total Acres 71 Cruised Acres
Hardwood Pulpwood Trees
Cords
Tons
Value
Merchantable Heights in 16 Foot Logs Diameter at 4.5' 6 8 10 12 14 16 18
Form Class 78 78 78 78 79 79 79 Total
1 930 70 20 0 0 0 0
1.5 1300 330 80 20 0 0 0
2 1110 690 270 100 0 0 0
2.5 440 820 480 280 40 20 10
3 500 300 230 220 0 0 0
3.5 0 10 10 50 0 0 0
Total Trees 4,280 2,220 2,220 2,220 2,220 2,220 2,220
Per Acre 60.3 31.3 15.4 9.4 0.6 0.3 0.1
Total Cords 206 225 180 169 14 9 6
Per Acre 2.9 3.2 2.5 2.4 0.2 0.1 0.1
Tons Total 518 566 453 424 34 23 14
Tons Per Acre 7.3 8.0 6.4 6.0 0.5 0.3 0.2
Loads (28 Tons) 18.5 20.2 16.2 15.2 1.2 0.8 0.5
$4 Per Ton $2,072 $2,264 $1,812 $1,696 $136 $92 $56
1,020
1,730
2,170
2,090
1,250
70
8,330
117.3
808
11.4
2,032
28.6
72.6
$8,128
McDaniel 72 Timberland Sale Prospectus
Page 6 of 11
Margie Russ
McDaniel 72
RFC
Columbia County, Arkansas 6/17/2012
72.5 Total Acres 71 Cruised Acres
P. O. Box 1129 Magnolia, AR 71754 (870) 234-0200
Pine Sawtimber Trees
Diameter at 4.5' 9 10 12 14 16 18
Merchantable Heights in 16 Foot Logs Form Class 1 1.5 2 64 0 0 0 81 60 320 130 81 30 140 120 81 20 50 60 81 0 30 0 81 0 0 20 Total
110
540
330
2.5 0 120 180 70 20 0
3 0 0 70 20 40 10
3.5 0 0 0 20 10 0
Total Trees 0 630 540 240 100 30
Per Acre 0.0 8.9 7.6 3.4 1.4 0.4
390
140
30
1,540
22
Tree Count by Diameter
Pine Sawtimber Summary
Doyle Log Rule (derived from CF)
Total Average 16 ft. Logs Logs/Tree 0 0.0 1,100 1.7 1,140 2.1 520 2.2 250 2.5 70 2.3 3,080
2.0
Tons
Total BF 0 15,380 28,221 21,379 14,545 6,058
Per Acre 0 217 397 301 205 85
Per Tree 0 24 52 89 145 202
Average BF/Log 0 14 25 41 58 87
Tons Total 0 222 317 195 117 43
Tons Per Tree 0.0 0.4 0.6 0.8 1.2 1.4
Loads (28 Tons) 0.0 7.9 11.3 7.0 4.2 1.6
CF Total 0 6,601 9,407 5,778 3,463 1,289
CF Per Acre 0 93 132 81 49 18
CF Per Tree 0 10 17 24 35 43
85,583
1,205
56
28
894
0.6
32
26,538
374
17
Tonnage by Diameter 350
Average DBH (inches) 11.9 Average Height (16 Ft Logs) 2.0
700
630
400 240 100 0
30
McDaniel 72 Timberland Sale Prospectus
117
9
10 12 14 16 18
50
43 0
0
0
Average Tons/Acre 13
195
100
200 100
222
250
T O 200 N 150 S
500 300
317
300 540
600 T R E E S
Cubic Feet
DBH
9
10 12 14 16 18 DBH
Page 7 of 11
Inventory Report
McDaniel 72
Margie Russ Columbia County, Arkansas 6/17/2012
RFC P. O. Box 1129 Magnolia, AR 71754 (870) 234-0200
72.5 Total Acres 71 Cruised Acres
Pine Pulpwood Trees
Cords
Tons
Merchantable Heights in 16 Foot Logs Diameter at 4.5' 6 8 10 12 14
Form Class 81 81 80 80 80 Total
1 120 0 0 0 0
1.5 300 80 0 0 0
2 490 160 0 0 0
2.5 470 460 0 0 0
3 100 260 70 40 30
3.5 0 20 0 0 0
Total Trees 1,480 980 70 40 30
Per Acre 20.8 13.8 1.0 0.6 0.4
Total Cords 79.7 107.8 13.4 11.1 11.5
Per Acre 1.1 1.5 0.2 0.2 0.2
Tons Total 210 283 35 29 30
Tons Per Acre 3.0 4.0 0.5 0.4 0.4
Loads (28 Tons) 7.5 10.1 1.3 1.0 1.1
120
380
650
930
500
20
2,600
36.6
223.6
3.1
588
8.3
21.0
McDaniel 72 Timberland Sale Prospectus
Page 8 of 11
Inventory Report
McDaniel 72
Margie Russ Columbia County, Arkansas 6/17/2012
RFC P. O. Box 1129 Magnolia, AR 71754 (870) 234-0200
72.5 Total Acres 71 Cruised Acres
Oak Sawtimber Trees
Merchantable Heights in 16 Foot Logs Diameter Form at 4.5' Class 1 1.5 14 78 60 30 16 78 20 0 18 78 10 0 Total
90
30
Total Trees 90 20 10
Per Acre 1.3 0.3 0.1
120
2
Total Average 16 ft. Logs Logs/Tree 105 1.2 20 1.0 10 1.0 135
Red Oak Sawtimber Summary Average DBH (inches) 14.7 Average Height (16 Ft Logs) 1.1 Average Tons/Acre 1.0
Doyle Log Rule (derived from CF)
1.1
Tree Count by Diameter 100 T R E E S
90
40
Per Tree 54 73 104
Average BF/Log 46 73 104
Tons Total 48 13 8
Tons Per Tree 0.5 0.7 0.8
Loads (28 Tons) 1.7 0.5 0.3
CF Total 1,311 346 222
CF Per Acre 18 5 3
CF Per Tree 15 17 22
7,347
103
61
54
69
0.6
2
1,879
26
16
Tonnage by Diameter 48
T 40 O 30 N S 20
20 10
20
13
10
8
0
0 14
16 DBH
McDaniel 72 Timberland Sale Prospectus
Per Acre 68 20 15
50
60
Cubic Feet
Total BF 4,851 1,453 1,043
60
80
Tons
18
14
16
18
DBH
Page 9 of 11
Inventory Report
McDaniel 72
Margie Russ Columbia County, Arkansas 6/17/2012
RFC P. O. Box 1129 Magnolia, AR 71754 (870) 234-0200
72.5 Total Acres 71 Cruised Acres
Miscellaneous Hardwood Sawtimber Trees
Merchantable Heights in 16 Foot Logs Diameter Form at 4.5' Class 1 1.5 14 78 10 40 Total
10
40
Miscellaneous Hardwood
Sawtimber Summary Average DBH (inches) 14.0 Average Height (16 Ft Logs) 1.4
Total Trees 50
Per Acre 0.7
50
1
Doyle Log Rule (derived from CF)
Average Total 16 ft. Logs Logs/Tree 70.0 1.4 70
1.4
McDaniel 72 Timberland Sale Prospectus
Per Tree 63
Average BF/Log 45
Tons Total 29
Tons Per Tree 0.6
Loads (28 Tons) 1.0
CF Total 850
CF Per Acre 12
CF Per Tree 17
3,145
44
63
45
29
0.6
1
850
12
17
Tonnage by Diameter
50 T O N S
10 0
Average Tons/Acre 0.4
Per Acre 44
50
T R 40 E 30 E 20 S
Cubic Feet
Total BF 3,145
Tree Count by Diameter 60
Tons
35 30 25 20 15 10 5 0
29
14
14
DBH
DBH
Page 10 of 11
Inventory Utilizations www.reynoldsforestry.com
* Trees were inventoried by diameter at breast height (dbh; two inch classes at 4.5 feet). * Pine Sawtimber dbh reported as >10 inches in two inch classes as follows: 10" = 9.1" - 11.0" dbh; 12" = 11.1" - 13.0" dbh, etc. * Hardwood Sawtimber dbh reported as >14 inches in two inch classes as follows: 14" = 13.1" - 15.0" dbh; 16" = 15.1" - 17.0" dbh, etc. * Tree heights were called in 16 feet logs to 6" top diameters outside bark (dob) for pine sawtimber, 9" top dob for hardwood sawtimber, 3"top dop for all pulpwood, or to merchantability (whichever occurred first). * Saw-log merchantable heights are defined as: 1) to the heights specified above, or 2) the height where a whorl of 3 or more branches (whose diameters are equal to or greater than the diameter of the supporting stem) occurs within a 1-foot stem section if there is not a minimum of 8 feet of clear stem above the whorl. If a one foot section has three or more 3 inch diameter branches, regardless of the diameter, the height is called just below the one foot section.
* Cubic Feet were derived from USFS's "Stem Profile Equations for Southern Tree Species" by Clark, Souter and Schlaegel. * Board Feet in Doyle was derived from the cubic feet using conversion tables in the Forest Service's "Service Forester's Handbook". * Pine Sawtimber tons were derived from Cubic feet using 3.37 tons per Cunit (10" - 18" dbh) and 3.30 tons per Cunit (20" - 30" dbh). * Hardwood Sawtimber tons were derived from Cubic feet using 3.65 tons per Cunit for Oak and 3.40 tons per Cunit for Misc. Hardwood. * Pulpwood volumes were derived from cubic feet. Cords were derived using 78 cubic feet per cord for pine and 74 cubic feet per cord for hardwood. Cubic feet were converted to tons using 3.37 tons per cunit for pine and 3.4 tons per cunit for hardwood.
* Expected tonnage fluctuations occur between winter and summer logging due to sap flow and moisture composition. * Tree count and dbh are not guaranteed.
McDaniel 72 Timberland Sale Prospectus
Page 11 of 11