Warrensburg Forest
Transcription
Warrensburg Forest
WARRENSBURG FOREST Situated within 15 minutes of Lake George Village, this accessible multiple use property offers privacy, views and a developing white pine resource. 86 Survey Acres Warrensburg, Warren County, New York Price: $150,000 Fountains Land Inc, 1810 State Route 9 Suite 2, Lake George, NY 12845 Contact: Todd Waldron ~ [email protected] ~ (518) 668-5880 ~ Cell (518) 926-8734 www.fountainsland.com LOCATION Warrensburg Forest is an accessible multiple-use property located in the southeastern corner of New York’s Adirondack Park. This region is a popular vacation area, anchored by nearby Lake George (15 minutes south) and considered one of the premier lakes in the US. The surrounding landscape is distinguished by its exceptional natural beauty, scenic mountains and many rivers and streams. The parcel is situated 5 minutes south of Warrensburg Village, an historic community nestled along the Schroon and Hudson Rivers which acts as a ‘gateway’ to the Adirondacks’ High Peaks Region. The many Victorian houses in and around the village are primarily yearround residences, while the outlying area quickly transitions into a rural mosaic of forests and interspersed residences. Hospital services are Warrensburg Village is an accessible gateway available in Glens Falls (18 miles to the south). community offering numerous stores, restaurants Albany, the state capital and home of the Albany and close proximity to interstate travel. International Airport, is about an hour to the south along the Adirondack Northway. With close proximity to the Adirondack Northway (4 miles south), the property lies within a 4-hour weekend commute of the Greater New York and Boston metro regions, which combined host nearly 25 million residents. Given its close proximity to southern Adirondack vacation areas and good access to regional population centers, the property offers a fine second home opportunity which should benefit from an appreciating land and timber value component over time. ACCESS/BOUNDARIES Access to the property is provided by roughly 2,375’ of frontage Alden Avenue frontage (on the right) along Alden Avenue, a four-season town maintained road with with utilities available roadside. electric utilities available. While most of the frontage is relatively steep, there is a well-established light duty jeep trail in the southern quadrant that could serve as an ideal future driveway. With modest gravel and culvert work, the jeep trail could be easily transformed into a driveway which extends to a well-drained, south -facing hardwood slope located roughly 800’ from the road frontage. This vicinity offers a prime future building site for a private family estate offering southern exposure and mountain views. Complementing access is an established network of hiking trails that extends throughout the tract and can be further enhanced to provide entry for ATVs and horseback riding. A well-drained hardwood site offers The property was surveyed by Van Dusen and Steves LS in August a private building envelope with 2006, resulting in 86.94 survey acres. Tax map acreage is 85.96 warm southern exposure. acres. Maps in this report are based on the survey information and tax map data. Although the maps provided in this report are believed to be reasonably accurate, buyers should not rely on these maps to precisely portray the deeded boundary lines in the field. Fountains Land Inc — Specializing in the sale of forestland and rural estates. SITE DESCRIPTION The property’s good access and diverse upland terrain can support numerous ownership goals, including the potential for a prime residential envelope that offers privacy, close proximity to town and excellent outdoor recreational options. From the Alden Avenue road frontage, much of the terrain climbs steadily for several hundred feet, gaining elevation quickly where the landscape is characterized by mature hemlock groves with occasional granite boulders along the open ground below. This area provides prime hiking opportunities for nature enthusiasts as it continues to climb for a few hundred feet before culminating at a high hardwood bluff located at the heart of the tract. From here, rewarding views can be enjoyed to the south and east, with notable peaks such as Hemlock Ridge and Huckleberry Mountain A shaded hemlock forest with open forming along the horizon. understory offers nice hiking options. From this centrally located high ground, terrain falls gradually toward the south as it transitions into a moderately-sloped hardwood ridge with well-drained soils and southern exposure. As the ridge approaches the jeep trail (see attached maps) it becomes highly suited to host a future home site. This part of the land is tucked away in a private setting and offers down-slope views of towering pines which eventually transition into a scenic beaver pond along the tract’s southern perimeter. Elevation property-wide ranges from 1,190’ ASL (above sea level) in the southwest corner where the wetland complex drains under Alden Avenue to 1,440’ ASL at the highest point on the bluff in the north-central portion of the property. The property’s diverse terrain and natural resources include mature hemlock groves, level mountain-top sites, open water beaver ponds, and a southerly exposed house site which rests conveniently off the access road. PROPERTY TAXES & ZONING Property taxes in 2008 were $2,904. The property IS NOT enrolled in the State of New York’s 480-A tax program, which significantly reduces the annual tax burden. If this property was enrolled in the program, taxes could be reduced by close to 75%. For more information about the State of New York 480-A program, contact Fountains Land or the Department of Environmental Conservation office located in Ray Brook, NY. The property is owned by Eurampac Resources Family Ltd Partnership, whose deed is recorded in the Warren County Clerk’s office in Lake George, NY as Book 3120 page 148. The property is further referenced and depicted as the Town of Warrensburg Tax Maps #236-1-35.2 (77.32 acres) and The beaver pond sanctuary offers prime #236-1-36 (8.64 acres). Adirondack Park Agency (APA) land habitat for water fowl and wildlife. use classification is “Resource Management” (allowing for one structure per 42.7 acres with permit approvals). Within this zoning, single family residences usually require an APA “minor projects” permit, while recreational cabins comprising a footprint of less than 500 square feet are typically non-jurisdictional (but may still require town permit approval). Any subdivision project will likely require an APA Class A “major projects” permit. Fountains Land Inc — Specializing in the sale of forestland and rural estates. TIMBER The property benefits from a well-stocked timber resource that can be managed to support a multitude of objectives including wildlife, recreation and forest stewardship. Highlighting this amenity is a maturing white pine component (75% of total volume) which offers potential cash flow options over the coming decade. Property-wide, basal area (a measure of tree density) is 104 square feet per acre, a level indicating fully-stocked stand conditions. Most of the white pine resource is located in a mixedwood stand (25 acres) that occupies the southern quadrant of the tract. This area was thinned roughly 15 years ago, the objective being to harvest mature trees while also favoring high-quality residual stems for future growth. The stand responded well to the thinning and now consists of numerous white pine sawlog trees (averaging 14”-16” in diameter) with well-stocked interspersed hardwood poles. The pine resource should warrant another light thinning over the next 5-10 years, offering modest income-generating harvest opportunities which could offset property taxes or driveway development costs. Pole-sized hardwood stands (20 acres) are situated along the tract’s upper ridge slopes and bluff sites, creating Above/Below: Pole-sized hardwood stands opportunities for long-term value appreciation as they shift occupy upper ridge sites and offer longterm investment growth as they shift into into higher value sawlog products over the coming years. higher value sawlog products. Hemlock stands (25 acres) occupy steep ridge-slope sites associated with shallower soil within the tract’s northwestern quadrant, while the remaining area (16 acres) is associated with the lower-lying beaver pond watershed near the tract’s southern boundary. This part of the property offers over 3 acres of open water and creates an exceptional envelope for wildlife and bird viewing. The timber information used in this report is based on an inventory conducted by Fountains Forestry, Inc. in June of 2006, using random point sampling with 66 BAF 10 factor points taken, producing an average sampling error @ 90% C.I. of ±10.41% on total volume and ±20.21% on sawlog volume. Since the 2 0 0 6 i n ve n t o r y , c r u i s e volumes have been adjusted for 3 years growth using US Forest Service FIA data for the Warren County area and are summarized on the volume chart and graphs on the following page. Fountains Land Inc — Specializing in the sale of forestland and rural estates. TIMBER (continued) Warrensburg Forest Volume Chart Total Volume by Species Total Acres Commercial Acres 86 67 Total Volume by Species MBF Int.) Species (¼" Red Maple All Others 4% 5% Sugar Maple 2% Cords Softwood White Pine Pine Pallet Spruce Fir Hemlock Softwood Totals 119 24 4 10 157 174 0 10 164 348 8 11 3 2 5 1 2 0 32 189 2.821 2.198 0 0 0 0 0 0 0 459 459 807 12.0 9.4 Pallet 6% Spruce/Fir 2% Hemlock 6% White Pine 75% Hardwood Red Maple Hardwood Pallet Sugar Maple Black Cherry White Ash Red Oak Basswood Hardwood Pulp Hardwood Totals Total Volume Vol/Commercial Acre Vol/Total Acre Fig 1 Fig. 1: A maturing White pine resource represents 75% of the tract’s total volume. Based on June 2006 invetory cruise by FOUNTAINS FORESTRY. Volumes grown 3 years from original cruise using USFS FIA data for Warren County Area. Statistical accuracy for the inventory was 20.21% for sawlog products and 10.41% for all products at the 90% confidence interval Diameter Distribution by Volume - 2006 Inventory Data 1000 900 800 Cords Fig. 2: The 2006 inventory data revealed that the timber resource benefits from favorable diameter distribution, with numerous white pine stems falling in the 12-16” diameter classes. Saw log Total 700 600 500 400 300 200 100 0 8 Fig 2 10 12 14 16 18 20 22 24 26 28 30 32 34 36 Diam eter Fountains Land Inc. is the exclusive broker representing the seller's interest in the marketing, negotiating and sale of this property. Fountains has an ethical and legal obligation to show honesty and fairness to the buyer. The buyer may retain brokers to represent their interests. All measurements are given as a guide, and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission, or misstatement in these particulars, nor do they constitute an offer or a contract. We do not make or give, whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to the property. Fountains Land Inc — Specializing in the sale of forestland and rural estates. q Warrensburg Forest Kathy Xin g Wall S t oint R d ll R Hi t on ng Mid d an ad a St m p Rd Du ge d N Old River R Rd eld y Ln Iv Ln Route 9 rne y State Route Gu Rd ods wo Lake Ave County/Local RdRoad ee B Town Road ck Bu and Streams Rivers Pin e d 0 0.5 d fi Sc o R Interstate R er av Tr d C r ee ill Ln Stony H Public Lands re Vana Rd y d sh R Pota Rd Hill ai le Hall Hill Rd G Warrensburg Forest s Rd Howe Rd Thom a d k Rd R ilk term But y Edd Ha y dl e eR org 9 te S ta u Ro ate t S Rd gins Gog Riley Ge d Rd Hill R P on 1 2 State R iv er Viele Fo rt d yR dle Ha Rd w Se Rd d W ar re St Lake George ell Fron t Smit h ò St St Rd rg ns bu d wR ite R d le R d Lak eS Ro Fla t de Al ar h or ck Rd Cross Av e C 7 n I8 Big Hollow Br o llo Wh Rd ray nfe eD r rri Rd Cree 87 d Stony wR 9 d La d y Hw dR d dP Bloody Pond Rd d nR ero t hS rs R rn e Co State R D ia òStWarrensburg mon Ha Mountain Rd H ig Ca m k Rd tts Ka Rd rar Lib oute 418 ve yA Dixon Hill Rd Dr H Big M ur Rd ho l Rd Ma in ck S ha d n ra d no US R an b er At sR Pe n Rd ah Zaltz Rd Rd d ld Hi ud St an Sh x el R uth o rtm Da ro s Golf C our s e Dr d Hill R sdale True Old State Rd M Dre n Rd Branno eC d d Springfield ll R Hi nd R Bu yc nm Pe n Po t 90 we Bo ar tS an r Rive Fro s Rd State Route 9 Rd 91 Albany 88 Be llie s Rd V TL ro o n n ai 93 Ro Sch nt d 89 te 28 d ou 87 Syracuse Glen Athol Rd 0 - i0 E tx1 ou er R 0 te R R iv 4 [ 0 b Barton Rd 90 0 lM l Ha yR lle Va m Co bs Rd I 87 Sta Coolidge Hill Rd Town of Warrensburg, Warren County, New York 86 Surveyed Acres Warrensburg Forest 81 fountains Locus Map 3 Miles q fountains Warrensburg Forest 86 Surveyed Acres Town of Warrensburg, Warren County, New York Cr os s Ald en A ve Rd Warrensburg Forest Town Roads De nu Local Roads nz This is Not A Survey io D Internal Road r 0 250 500 Feet 1,000 Map produced from data provided by the Seller, aerial photography, tax map information and reference information obtained from NYS GIS. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field. q Warrensburg Forest 86 Surveyed Acres Town of Warrensburg, Warren County, New York fountains Cr os s Ald en Ave Rd Warrensburg Forest Town Roads De n Local Roads un This is Not A Survey zio Dr Internal Road Feet 0 250 500 1,000 Photos are 2004 Panchromatic Photography. Map produced from data provided by the Seller, aerial photography, tax map information and reference information obtained from NYS GIS. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.