Property Description
The property has more than 1,000 feet of road frontage on both sides of Indian Creek Road. No electric is available at the highway. The property is completely forested on both sides of the highway. It has been involved in long-term forest management for decades. The forest is comprised of soft maple, hard maple, ash, hemlock, cherry, red oak, basswood and beech as the primary species. A timber cruise made in June of 2015 shows a total volume of approximately 664,900 boardfeet of timber, International ¼ inch log rule with a timber capital value at that time of approximately $164,500. Timber was last harvested about 3 years ago. Access is given throughout the property by an extensive network of logging roads, all in good condition making for ease of access by ATV for hunting and recreational uses. The North Branch of Indian Creek is a full-time flowing stream that parallels the road frontage on the west side of Indian Creek Road. The property is located in an area of good hunting near “Rock City” south of Olean and also has thousands of acres of public lands nearby. The Pennsylvania state line is only minutes away for those that like to recreate on both sides of the state line. This property makes for a solid long-term timber investment while gaining the enjoyment from the hunting and recreation it and the surrounding area has to offer. The oil, gas and mineral rights are previously reserved and will not transfer. Timber rights will transfer.
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