MDWFP doing work

[thatsbaseball]

If a pending land sale is finalized, Mississippi hunters will have 17,000 additional acres to hunt in the south Delta.
"What this acquisition means to the state is we have in perpetuity 17,000 acres adjacent to an existing WMA (wildlife management area)," said Larry Castle, director of technical programs for the Mississippi Department of Wildlife, Fisheries, and Parks. "We will be able to manage it and provide opportunity.
"This is probably the last opportunity to acquire a contiguous tract of land of this size in the south Delta. It will be a milestone of true conservation. This will be something people will look at in the future and say, 'Wow.'"
It will also be the second-largest, state-owned WMA in Mississippi.

 

[engie]

Consequently exactly where they found the one case of CWD...

 

[Awwhellnaw]

Good news for us poor folks I reckon. Quality deer in that area.

 

[fishwater99]

Consequently exactly where they found the one case of CWD...

that's probably why they bought the land.

 

[aTotal360]

Now why, but how...

 

[Arthur2478]

For size reference:

 

[MS-halfstep]

1+1=3? I don't think so, how ironic. Surely wouldn't pay a premium price on land with infected deer. And no other deer have tested positive for CWD?? Very interesting...

 

[maroonmadman]

Now why, but how...

^^^ This ^^^ With our legislators saying 'We have no money!!' and cutting back on essential programs we suddenly find enough cash lying around to purchase 17,000 acres of land. Follow the money. Would be interesting to know who the former land owner is and how much he contributed to certain legislators re-election funds.

 

[engie]

Pretty convenient to have that happen and plummet the land value on something you've been trying to acquire for 20 years, in an area where land values have been sky rocketing for as long as I can remember. And then completing that sale within about 4 months of "the positive test case". I'm interested to know the finer details on it.

 

[DesotoCountyDawg]

Well the CWD case surely didn’t devalue the land based on what they paid for it.

 

[DesotoCountyDawg]

It didn’t plummet the land value.

 

[engie]

^^^ This ^^^ With our legislators saying 'We have no money!!' and cutting back on essential programs we suddenly find enough cash lying around to purchase 17,000 acres of land. Follow the money. Would be interesting to know who the former land owner is and how much he contributed to certain legislators re-election funds.

I'll save you some trouble. The purchase is all Anderson Tully property. From what I gather, AT land is "for sale" in perpetuity but cost prohibitive to actually buy because they retain long-term timber rights. So, you pay top dollar for bare dirt that, in MS, you rarely own the mineral rights to, and in this case also not the timber rights(for I think 50 years but not positive). Which is why they are or were one of the biggest landowners in the state and everyone leases hunting rights from them, but rarely are crazy enough to actually buy those tracts of land.

Obviously the state isn't going to own 17k acres they don't control the timber rights to(at least I wouldn't think). So, I'm very interested to know the numbers and particulars on the deal. Lot of friends losing lifelong hunting places in this deal.

 

[engie]

Well the CWD case surely didn’t devalue the land based on what they paid for it.

So, what's the number? And what was the number at before the case? They've been trying to buy that property for decades. You don't find the timing suspicious?

 

[ShrubDog]

Yep the folks at Buckhorn and 10 Point hunting clubs ain’t happy. They are going to miss their 100 year anniversary by a few years.

 

[Dawgsnsaints]

I'll save you some trouble. The purchase is all Anderson Tully property. From what I gather, AT land is "for sale" in perpetuity but cost prohibitive to actually buy because they retain long-term timber rights. So, you pay top dollar for bare dirt that, in MS, you rarely own the mineral rights to, and in this case also not the timber rights(for I think 50 years but not positive). Which is why they are or were one of the biggest landowners in the state and everyone leases hunting rights from them, but rarely are crazy enough to actually buy those tracts of land.

Obviously the state isn't going to own 17k acres they don't control the timber rights to(at least I wouldn't think). So, I'm very interested to know the numbers and particulars on the deal. Lot of friends losing lifelong hunting places in this deal.

AT is owned by an investment group and I was told they are being sold off. This might be a part of the divestment.

 

[tbone924]

AT is owned by an investment group and I was told they are being sold off. This might be a part of the divestment.

^^^This. The investment company that bought AT about 12 years ago wants their money back. They have already sold off the lumber mill. only thing left is the land. All of their land is for sale. Ive been in a AT lease for right at 40 years. I keep waiting on the notice to get off. Had some friends loose their long time hunting ground with this sell.

Also, you can buy AT ground and keep the timber rights, if you want to pay for it. The round about number I was given was $2500/acre.

 

[engie]

If the state only paid $2500/acre for the 17k that they bought, with timber rights, they made off like a bandit. Not many better well-rounded all species hunting opportunities exist anywhere. Well, other than turkeys because the river keeps flooding. I was under the impression that $2500 was pretty close to the number without getting the timber rights. But all of this is secondhand info so could be wrong.

 

[sandwolf.sixpack]

If the state only paid $2500/acre for the 17k that they bought, with timber rights, they made off like a bandit. Not many better well-rounded all species hunting opportunities exist anywhere. Well, other than turkeys because the river keeps flooding. I was under the impression that $2500 was pretty close to the number without getting the timber rights. But all of this is secondhand info so could be wrong.

If they have a ton of land that they are actively trying to sell off, they're going to accept a substantially lower price per acre to sell this big of a tract in 1 deal. It probably takes 20-30 deals for them to unload 17k acres under normal circumstances.

 

[Tripper123044]

https://www.google.com/amp/s/amp.clarionledger.com/amp/594578002

 

[thatsbaseball]

I think bigger tracts bring bigger $$$ these days

 

[BIGDAWG44]

AT donated all of this land to the state. It’s going to almost triple the size of Mahannah WMA. The state didn’t buy anything.

 

[DesotoCountyDawg]

From people I know that own land adjacent to it they think it’s fair deal. Don’t think it’s shady.

 

[johnson86-1]

I think bigger tracts bring bigger $$$ these days

They do to an extent, especially with hunting land because you have to have a minimum size. But I am guessing that well before you get to 17,000 acres, that starts to flip just because of how few buyers can get that kind of money together.

 

[PineGroveBully]

Just a big write off for them now at premium value

 

[karlchilders.sixpack]

Sounds like they left that donation/free part out.

Mmmmhuh.

 

[tbone924]

If the state only paid $2500/acre for the 17k that they bought, with timber rights, they made off like a bandit. Not many better well-rounded all species hunting opportunities exist anywhere. Well, other than turkeys because the river keeps flooding. I was under the impression that $2500 was pretty close to the number without getting the timber rights. But all of this is secondhand info so could be wrong.

Cant say for you could get it at that price. I asked an someone that should of had know what it would cost to buy a piece of land and keep timber rights, that was the round about number given. I would bet its probably higher though.

 

[engie]

Cant say for you could get it at that price. I asked an someone that should of had know what it would cost to buy a piece of land and keep timber rights, that was the round about number given. I would bet its probably higher though.

Dad says $1700/acre and a complex timber deal in this sell. AT agrees to leave X amount of timber, not sure on the timing. He doesn't know whether to be bummed or excited since he's a part of the real estate team attempting to sell a delta plantation nearby that's looking for close to $4k/acre. On the surface this would seem to drive down the value of that land in the delta, but it also created a lot of scarcity. So we will see.