Steven Sparks | Backwoods Land Company

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Land Investment

Land for Sale | CR 47 New Albany, Mississippi

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This tract +/- 49 acre tract on CR 47 in New Albany, MS. offers prime opportunities for outdoor enthusiasts and agricultural pursuits. Approximately +\~ 70% of the timber was select cut recently and is in a natural regrowth stage with clearings ideal for food plots and trails that traverse the property. Boasting rich soils, including Arkabutla silt loam and Bude silt loam, this land is perfect for sustaining healthy timber growth or starting over with good pasture land.
A mix of young timber, including a Lone Star bottom hardwoods, provides good cover for wildlife, with open areas perfect for food plots. Enjoy an abundance of wildlife, with deer and turkey frequently seen in the area. This versatile tract also features over half a mile of road frontage, making it highly accessible. Mud Creek, which flows off the Little Tallahatchie River, is adjacent to the property. The property is conveniently located in the middle of nearby town of New Albany, Oxford, Pontotoc and Tupelo, MS. For easy access, US-78 is 10 miles away, and MS-30 is only 12 miles away. Schedule a tour today!
Key Features:
📍 Location: CR 47, New Albany, MS
🌲 Size: 50.43 acres
🌾 Soils: Arkabutla silt loam, Bude silt loam
🦌🦃 Wildlife: Abundant deer and turkey
🌳 Features: Natural regrowth, young hardwoods, pines
🌿 Potential: Hunting, agricultural, timber, pasture
🚗 Accessibility: Over half a mile of road frontage
🌆 Nearby Towns: New Albany (10 miles), Oxford (30 miles), Pontotoc (25 miles), Tupelo
🛣️ Highways: US-78 (10 miles), MS-30 (12 miles)

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Land for Sale | Ball Rd, Ecru Mississippi

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Land for Sale | Hwy 30 W, Myrtle Mississippi

 

 

 

Land for Sale Near Myrtle, Mississippi

Looking for a great spot for a home, getaway cabin, or hunting tract? This property is just 11 miles from New Albany and a short drive to Myrtle, Oxford, and Sardis Lake, this tract has +/- 750 feet of road frontage and a +/- 1.5-acre pond surrounded by a mix of timber and some mature hardwoods.

Prime Location Near Myrtle and Sardis Lake

This land for sale near Myrtle, Mississippi, is ideally situated just 11 miles from New Albany and within a short drive to Oxford and Sardis Lake. Enjoy the convenience of being close to amenities while being in the country.

Build Your Dream Home or Getaway Cabin

Whether you’re looking to build a cozy home or a weekend getaway cabin, this property near Myrtle, Mississippi, offers the perfect spot. With electric running through the land and new fiber installed, you’re ready to go!

Impressive Scenic Pond

The +/- 1.5-acre pond surrounded by timber and mature hardwoods adds to the property’s charm and appeal.

Recreational Opportunities and Trail System

This tract features several clearings that would make perfect food plots, and a good trail system for hunting, hiking, or ATV riding.

Ideal for Deer and Turkey Hunting

This land for sale near Myrtle, Mississippi, is ideal for deer and turkey hunting. The mix of timber, clearings, and water sources creates a perfect habitat for wildlife, making it a hunter’s haven.

Don’t Miss Out on This Opportunity!

Don’t miss out on this exceptional opportunity to own a versatile and picturesque piece of land near Myrtle, Mississippi. Whether you’re looking to build a home, cabin, or simply enjoy the great outdoors, this property is a must-see.


Contact Information:

Steven Sparks: 662-523-4503
Office: 601-209-4882


 

Land for Sale | Hwy 30 W, Myrtle Mississippi Read More »

Don’t Settle for Less | Importance of Land Sale Exposure

From Quiet Corner to Market Square: Maximizing Your Land Sale Potential

Consider your land as an item on a store display. Opting for sale by owner is akin to setting up a small stall in a quiet corner – you might get a couple of interested passersby, but your reach is limited. However, with a land agent or broker, it’s like having a bustling market square at your disposal. We utilize our networks, targeted marketing, and industry connections to create a buzz around your land, attracting a wide range of potential buyers. How do you know what it’s really worth unless it’s exposed to the maximum amount of potential buyers?

Many will say, a thing is worth what someone will pay for it and that sounds reasonable – on the surface. But market value goes beyond a single offer or 2 or 3 if the property isn’t exposed to the market. Generally, market value is defined as the most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. One caveat is that a reasonable time is allowed for exposure in the open market. “Exposure in the open market” being key here.

For Sale by Owner Listings Often Leave Money on the Table

While an FSBO listing might technically meet the “reasonable time” requirement, the limited reach often translates to a smaller pool of buyers. This can lead to a final sale price that falls short of true market value. A land broker, on the other hand, can significantly increase your exposure through various channels, attracting a much wider group of buyers who are actively seeking land including local and out of state buyers. This open market competition is what truly reveals the market value of your land, ensuring you get the best possible price. Maximizing exposure can help create competition among buyers, ultimately maximizing the sale price of your land.

Therefore, working with a professional such as Backwoods Land Company who can facilitate broad exposure in the open market is by far the best way to achieve the true market value of your property. By partnering with us, you can rest assured that your land is seen by the right buyers, leading to a competitive bidding process that delivers the best possible outcome.

☎️ Steven Sparks 662-523-4503
☎️ Office: 601-209-4882

Don’t Settle for Less | Importance of Land Sale Exposure Read More »

Comprehensive Marketing Strategy for Selling Land, Commercial and Residential Real Estate

With a free estimate of value from a state-certified real estate appraiser, my plan provides a straightforward and honest estimate of your property’s value. That’s the first step. Included is a comprehensive and customized marketing strategy. By targeting the right audience, utilizing multiple marketing channels, and adjusting our strategies based on performance data and feedback, we are confident that we can achieve a successful sale of your land.

 

 

 

 

Step 1: Free Estimate of Land Value by a State Certified Real Estate Appraiser

 

  1. Marketing time: The estimated duration it will take to sell the property, taking into account current market conditions and trends.
  2. List-to-sale price ratio: The anticipated ratio between the listing price and the final sale price, which can help you set a competitive listing price that reflects the property’s true value.
  3. Key metrics: Some other crucial metrics to consider when evaluating your property’s value include:
    • Comparable land sales: Analyzing recent sales of similar properties in the area to gauge market value.
    • Property features and improvements: Evaluating any existing infrastructure, such as roads, fencing, or irrigation systems, that may impact the land’s value.
    • Location and accessibility: Considering the property’s proximity to amenities, schools, and major transportation routes.
    • Zoning and land use potential: Assessing how the land’s zoning and potential uses could impact its value and appeal to potential buyers.

 

Step 2: Target Audience Based on the property’s features and zoning, our target audience includes:

 

  1. Land buyers interested in recreational or hunting properties: If the property has features such as forests, water sources, or wildlife habitats, it may be appealing to buyers seeking land for recreational purposes or hunting. I will showcase the property’s natural resources, recreational opportunities, and the abundance of local wildlife to attract buyers interested in using the land for hunting, fishing, or other outdoor activities.
  2. Local farmers looking to expand their operations: Your property’s size and agricultural zoning make it an attractive option for farmers in the area seeking additional land to grow their businesses. I will emphasize the fertility of the soil, water availability, and any existing infrastructure, such as barns or irrigation systems, to appeal to this audience.
  3. Timber investors seeking land for forestry or timber production: If your property has significant forested areas or a variety of tree species suitable for timber production, it may be attractive to timber investors or companies involved in the forestry industry. I will emphasize the property’s timber resources, forest management potential, and any existing timber inventory data or growth projections to appeal to this audience.
  4. Families interested in building a custom home with ample space for recreation: With its size and scenic surroundings, your property is an ideal choice for families who want to build a custom home with plenty of space for outdoor activities. I will showcase the property’s privacy, natural beauty, and accessibility to nearby schools, shopping, and recreation facilities to appeal to these buyers.
  5. Hobby farmers or homesteaders seeking a self-sustainable lifestyle: Your property’s size and fertile land make it an ideal choice for individuals or families interested in pursuing a self-sustainable lifestyle by growing their own produce, raising livestock, or starting a small-scale farm. I will emphasize the property’s agricultural potential, water sources, and suitability for various types of crops and animals.
  6. Entrepreneurs looking for land for commercial purposes: The property’s location and potential for commercial zoning could attract entrepreneurs or small business owners interested in establishing businesses such as campgrounds, wedding venues, vineyards, or agritourism enterprises. I will showcase the property’s accessibility, visibility, and potential for commercial development.
  7. Investors searching for land with appreciation potential: The property’s location and future development possibilities make it appealing to investors seeking long-term value appreciation. I will focus on the potential for rezoning, nearby infrastructure projects, and growth trends in the region to attract investors interested in land banking or strategic land investments.
  8. Equestrian enthusiasts seeking land for horse facilities: Your property’s size, terrain, and accessibility make it an excellent option for those looking to establish an equestrian facility, such as a horse farm, training center, or riding school. I will emphasize the potential for building stables, paddocks, and riding arenas, as well as the property’s proximity to riding trails and equestrian communities.
  9. Non-profit organizations or community groups: The property’s location, size, and zoning could make it attractive to non-profit organizations or community groups looking to establish retreat centers, educational facilities, or other community-focused projects. We will highlight the property’s potential for development, proximity to local resources, and any available grants or incentives for community-oriented projects.
  10. Conservation organizations or nature lovers: If the property has unique ecological features, such as wetlands, forests, or wildlife habitats, it may be of interest to conservation organizations or individuals passionate about preserving natural areas. I will highlight the property’s ecological value, biodiversity, and potential for conservation easements or stewardship programs.
  11. Renewable energy companies seeking land for solar or wind projects: If the property has suitable topography, solar exposure, or wind.

 

Step 3: Property Presentation I will create a professional and compelling property presentation that includes:

 

  1. A detailed written description highlighting key features, such as the land’s size, location, zoning, access, and utilities.
  2. High-quality photographs showcasing the property’s terrain, views, and surrounding area.
  3. A drone video tour to provide a unique perspective of the property.
  4. Property boundary maps and any relevant documentation (e.g., land surveys, environmental reports).

 

Step 4: Online Marketing Channels Our online marketing strategy will utilize the following channels:

 

  1. Our company website: I will feature your property on our homepage, Wesley Webb Real Estate | Real Estate Professionals for Existing Homes, New Construction, Land (wwebbms.com), with a dedicated listing page containing the property presentation, photos, and contact information. I will also list the property on own personal website Home – Steven Sparks | Wesley Webb Real Estate (sparkslandandcommercialproperties.com) that includes IDX. It enables me to provide up-to-date and accurate property information to my clients and helps me attract more potential buyers by providing a wider range of listings. Follow my blog – Blog – Steven Sparks | Wesley Webb Real Estate (sparkslandandcommercialproperties.com).
  2. Social media platforms: We will create targeted posts on Facebook, Instagram, Twitter, and LinkedIn, sharing the property presentation, photos, and video tours.
  3. Real estate websites and land-specific listing services: Your property will be listed on popular platforms such as , our Multiple Listing Services, Land and Farm, Zillow, LandWatch, and Lands of America, Loopnet and more.
  4. Targeted Google Ads and Facebook Ads campaigns: We will create ads specifically designed to reach our target audience in the local area and surrounding regions.

 

Step 5: Print Advertising and Local Promotion Our print advertising and local promotion efforts will include:

 

  1. Full-page ads in local newspapers, real estate magazines, and agricultural publications.
  2. Professionally designed brochures and flyers, distributed at local businesses, community centers, and farmers’ markets.
  3. Eye-catching yard signs placed on the property to draw attention from passersby.

 

Step 6: Networking and Industry Connections We will leverage our professional network to promote your property

by:

 

  1. Informing local land brokers, real estate agents, and developers about the property and its potential uses.
  2. Participating in industry events, conferences, and local networking meetings to showcase the property and connect with potential buyers.

 

Step 7: Property Tours: By request, I will organize guided property tours by:

 

  1. Scheduling appointments: Arranging convenient times for interested parties to visit the property, ensuring that the tour accommodates their schedule and preferences.
  2. Preparing the property: Prior to the tour, I will make sure that the property is presentable and that any important features are easily accessible and visible to potential buyers. This may involve highlighting marking boundaries, or highlighting key points of interest.
  3. Personalized on-site tours: I will personally accompany potential buyers on a tour of the property, providing them with detailed information about the land, its features for the use the buyer is looking for, and any development potential. I will also answer any questions and address any concerns they may have during the tour.
  4. Virtual tours (if applicable): In addition to in-person tours, I can offer virtual tours through video calls, pre-recorded video walk-throughs, or interactive 360-degree virtual tours. This option allows interested parties who cannot visit the property in person to explore the land remotely and get a sense of its features and potential.
  5. Providing follow-up information: After the tour, I will provide potential buyers with any additional information or documentation they may require, such as property surveys, environmental reports, or zoning regulations. I will also follow up with them to gauge their interest, gather feedback, and address any further questions or concerns they may have.

 

Step 8: Direct Mail Campaign We will design and execute a targeted direct mail campaign by:

 

  1. Creating a mailing list of potential buyers based on our target audience, including local farmers, hunters, developers, commercial buying prospects etc. and families looking for land
  2. Sending personalized postcards featuring property photos, key features, and an invitation to private property tours.

 

Step 9: Monitoring and Adjusting Marketing Efforts – I will regularly review and adjust our marketing strategies by:

 

  1. Tracking metrics, such as website traffic, listing views, inquiries and more.
  2. Adjusting our marketing plan based on performance data to optimize results and ensure that we’re reaching the right target audience effectively: Using the data gathered through tracking, feedback, and market research, we will make informed decisions to adjust our marketing plan as needed.

 

           Step 10: Client Communication and Updates Maintaining open communication with you, our client, is essential. I will provide regular updates on our marketing efforts by:

 

  1. Scheduling bi-weekly or monthly calls to discuss the progress of our marketing plan, including inquiries, property showings, and any potential offers.
  2. Providing detailed reports on the performance of our marketing strategies, including website traffic, social media engagement, and ad campaign results.
  3. Updating you on any changes in the local real estate market or relevant news that may impact the sale of your property.

          Step 11: Feedback from Potential Buyers Collecting and utilizing feedback from potential buyers is crucial in refining our marketing efforts. I will:

 

  1. Follow up with potential buyers and attendees of property tours to gather their feedback and impressions of the property.
  2. Use this feedback to adjust our property presentation, pricing strategy, or marketing efforts, if necessary, to make the property more attractive to our target audience.

 

        Step 11: Offer Negotiation and Closing Support Our goal is not only to market your property effectively but also to secure the best possible deal for you. I will:

 

  1. Review all offers received and provide guidance on their pros and cons, helping you make an informed decision
  2. Negotiate on your behalf to secure the most favorable terms and conditions for the sale of your property
  3. Coordinate with all involved parties, including attorneys, title companies, and lenders, to ensure a smooth closing process

Conclusion: My comprehensive and customized marketing plan is designed to sell your property quickly and for the best possible price. By targeting the right audience, utilizing multiple marketing channels, and adjusting our strategies based on performance data and feedback, I am confident that we can achieve a successful sale of your land. I look forward to working with you and guiding you through this process.

Comprehensive Marketing Strategy for Selling Land, Commercial and Residential Real Estate Read More »

Price Reduced! $64,000

Price Reduced! $64,000 Read More »

Understanding the Differences: Mineral Rights vs Timber Rights

Jack had always dreamed of owning his own piece of timberland land. He searched and searched tirelessly until he found a property that had large stands of natural regrowth, which was perfect for Jack. Unbeknownst to the owner of the timberland which was a land investment company, a neighbor had just discovered natural gas on his property. In all likelihood, he was going to have natural gas on his land also since the neighbor did.  The contract stated that the mineral rights were being transferred along with the land, so John signed the contract without hesitation and paid for the land.

However, after a few weeks, John received a notice from a logging company that they would be cutting down trees on his property. He was surprised, not to mention outraged. To his dismay, he realized that the contract stated that he was buying the rights to harvest the timber on the land, not the mineral rights.

Feeling misled and frustrated, John tried to get out of the contract, but the seller refused to budge. In the end, John was forced to watch as the logging company clear-cut the forest, leaving him cutover worth 20% of the original market value.

John could have used a land agent and he would have land with the trees he dreamed of.

One of the most important distinctions to make is between mineral rights and timber rights. These rights refer to the ownership of specific natural resources found on a piece of property and are separate from surface rights.

Mineral rights refer to the ownership of minerals, such as coal, oil, and gas, found underground on a piece of property. These resources are valuable as they are used to generate energy for homes and businesses.

When a landowner retains mineral rights in the contract for the sale of the land, they have the right to extract and sell these minerals separately from the surface rights. The landowner also has the right to access the land to extract the minerals.

I have often been asked during land purchase negotiations if timber transfer with mineral rights. Let’s take a look in case you have any confusion what transfers with mineral rights if it is not negotiated for the property owner to keep them in the purchase contract.

Mineral rights refer to the ownership of minerals, such as coal, oil, and gas, found underground on a piece of property. These resources are valuable as they are used to generate energy for homes and businesses. When a landowner retains mineral rights in the contract for the sale of the land, they have the right to extract and sell these minerals separately from the surface rights. The landowner also has the right to access the land to extract the minerals.

On the other hand, timber rights refer to the ownership of trees that are found on the surface of a piece of property. Once the timber is severed from the land, it becomes personal property. These trees can include hardwood and softwood trees, and they are often used for building, furniture making, and paper production. Like mineral rights, these rights can also be bought and sold separately from the surface rights, and the owner of the timber rights has the right to cut down and sell any trees found on the property.

Surface rights refer to the rights to use and develop the land above the ground, such as building structures and using the land for agriculture or recreation. Subsurface rights, on the other hand, refer to the rights to extract and use the minerals, oil, and gas found beneath the surface of the land. These rights can be held by different individuals or entities, and they can be bought and sold separately.

Timber rights can fall into either surface or subsurface rights depending. In some cases, timber rights are considered as a part of the surface rights and the owner of the land has the right to cut down and sell the trees found on the property. However, in other cases, timber rights may be separated from the surface rights and sold or leased separately. This means the person who owns the surface rights may not have the right to cut down or sell the trees on the property.

In some cases, the same person may own both the surface rights and the mineral rights or timber rights. However, it is also possible for these rights to be owned by different people or entities. This can lead to confusion as the rights to extract and sell the minerals or timber may be held by someone other than the surface rights owner.

When it comes to conveyancing (transferring ownership of a property), it’s essential to carefully consider both mineral rights and timber rights. The transfer of ownership must include not only the surface rights but also any mineral or timber rights that may be associated with it. Failure to include these rights in the conveyance can lead to disputes and legal issues down the line.

 

Having a land agent can be extremely beneficial when it comes to purchasing land. Here are a few ways in which a land agent can help:

  1. Knowledge of the market: A land agent will have a thorough understanding of the local real estate market, including current prices, trends, and potential pitfalls. This knowledge can help ensure that you are getting a fair price for the land you are buying.
  2. Expertise in land use: A land agent will be familiar with the different types of land use and zoning laws in the area. This can help you understand the potential uses of the land you are buying, and ensure that it is zoned for the use you have in mind.
  3. Network of contacts: Land agents often have a wide network of contacts, including other land agents, real estate lawyers, surveyors, and environmental consultants. This can be extremely helpful in navigating the complexities of buying land.
  4. Help with due diligence: A land agent can help you conduct the necessary due diligence to ensure that the land you are buying is free from any issues or encumbrances. This can include things like checking for easements, boundaries, and zoning.
  5. Saving time: Land agents have the knowledge and experience to filter through the numerous properties available in the market and can save you time and energy by only showing you the properties that fit your specific needs and budget.
  6. Negotiations: Land agents have the experience and knowledge to negotiate on your behalf to ensure that you get the best deal possible.

In short, having a land agent can be extremely beneficial when it comes to buying land, as they can help you navigate the complexities of the process, ensure that you are getting a fair price, and help you find the perfect piece of land for your needs.

 

 

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Building Value vs Land Value: Can a Building Appreciate Independently?

 

 

The relationship between the value of a building and the land it sits on is a complex one. The appreciation of a building is not solely dependent on the appreciation of the land it sits on, but rather a combination of factors that include the condition and improvements made to the building, the economic conditions of the surrounding area, and, of course, the cost of land.

Is it possible for building to appreciate in value while the land it sits on remains stagnant? It may seem counterintuitive, but it is definitely possible. The key to understanding this phenomenon is to remember that a building’s value is determined by a variety of factors, not just the land it sits on.

For example, you could put a lot money into renovating and upgrading a building, only to find out the value of the land it sits on hasn’t moved an inch. Similarly, you could keep the building in tip-top shape, but the value of the land remains stagnant. Even more ironic, the economic conditions of the surrounding area could be booming, yet the land value remains unchanged. But despite all this, the value of the building still increases.

If the land is the only driver of home values over time, then why on earth is a new constructed single wide over 100k in many cases today? Inflated building costs due to insane demand, historically low interest rates and a shortage of affordable housing to name a few.

In some cases, the value of the building may be determined by factors that are not related to the land, such as the historical or architectural significance of the building, or the zoning and usage restrictions of the land.

One reason is that improvements made to the building, such as renovations or upgrades, can increase the value of the building. For example, if a property owner invests in modernizing the building, such as installing new appliances or updating the plumbing and electrical systems, it can make the building more attractive to potential buyers or tenants, leading to an increase in value.

Another reason is the condition of the building. A well maintained building with good quality construction interiors and exteriors can be more desirable to buyers and tenants, leading to an increase in value, even if the land value remains stagnant. This is especially true with a well maintained high quality home in an historical district or somewhere where say for example are dominated by Victorian, Colonial and Tudor style homes. A certain buyer pool for this type of home may pay a premium for the design and construction itself depending on trends in the area.

The value of the building may be determined by factors that are not related to the land, such as the historical or architectural significance of the building, or the zoning and usage restrictions of the land.

 

When it comes to be land be the main or one of the main drivers in the increase of some values, the building quality and condition means less and the land goes up, especially in areas with much population and economic growth. As land prices soar, builders may find themselves in a difficult spot, struggling to acquire land to build homes on. This, in turn, may lead to builders passing on the increased cost to buyers in the form of higher home prices. But don’t worry, the fun doesn’t stop there! Builders may also have to resort to constructing homes on smaller plots of land, leading to even higher construction costs per square foot, due to the diminishing returns. It’s like a never-ending cycle of joy!

Additionally, when the cost of building materials increases along with rising land values, it can also cause builders to pass on these costs to buyers in the form of higher home prices, making it more difficult for buyers to afford a new home, decreasing demand for new homes, and driving up home values. When land prices increase with stagnating home values along with stagnant demand for new construction, it can also make it less profitable for developers to build affordable housing, leading to a decrease in the supply of affordable housing and driving up the overall cost of housing.

Oh, inflation! The gift that keeps on giving! High inflation can lead to some truly delightful situations such as sky high interest rates and unaffordable rental income.  Not to mention, it can cause prices to drop and the value of a building to decrease, like a cherry on top of a sundae. And let’s not forget the joy of rising land values driving up construction costs, making it even more challenging for builders to acquire land and construct new homes, leading to higher home prices. A party in your bank account!

We can’t simply look at the cost of the land and assume that it directly correlates to the value of the building on it. No, the appreciation of a building is not solely dependent on the appreciation of the land it sits on. It’s a combination of factors that must be considered. Most of the time with real estate, when finding factors that influence value, we ned up digging much deeper than we what saw on the surface.  And that’s probably not just true when it comes to valuing buildings and land, but in all aspects of life!

If you would like to book an appointment or call or text to just to have a chat, call, text or email at (662) 523-4603 ssparks@wwebb.com. Also visit my appraisal blog @  Home – Encompass Realty Solutions  to find out more about your real estate appraisal options.

 

Building Value vs Land Value: Can a Building Appreciate Independently? Read More »

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