LOCAL TIMBERLAND INVESTOR PURCHASES TWO TRACTS IN BUCKINGHAM COUNTY
Richmond, VA – Commonwealth Land, LLC is pleased to have facilitated the sale of two tracts of land to a local timberland investor, JCM III LLC: 244± acres on Copper Mine Road and 161.5± acres on Francisco Road (VSR 636) located in Buckingham County, VA. Hank Campbell represented the seller of the two-investment grade timberland tracts. The 244± acre tract along Copper Mine Road sold for $562,500 and the 161.5± acre tract along Francisco Road sold for $352,500. These tracts were under contract within 90 days and closed within 30 days.
About Commonwealth Land
Commonwealth Land is Virginia’s leading source for buying and selling rural, agricultural, recreational and timber investment land with 100 or more acres. Commonwealth Land operates a proprietary database that matches buyers and sellers and provides comparable data to inform each deal.