re: Will Premos place for sale. Any OB investors jumping on this?

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I wouldn't pay that but...

Its pretty common in parishes and counties along the Ms Delta

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I would hardly call a 500 acre tract on Davis island bare land...

I understand land prices are high in some areas but just some cutover in the middle of no where ain't 3 grand an acre.

I keep tabs on rural land sales/development and I've heard some rumors that he's asking around 16 mill, which would put asking price around $5600 or so an acre. Now, let me go ahead and say that thats not verified, but I've heard from some credible sources. That price seems extremely high, but with the number of improvements (trophy deer management, water wells/pumps, crop irrigation and micro-leveled ag fields, deer stands, duck blinds, all weather road system, luxury lodge, boat launch, managers home, etc etc etc) I can understand why its so high. I would assume hes also going to include alot of the equipment (tractors, implements, boats, atcs, etc.) and furnishings in the lodge (furniture, mounts, etc.) as well. That stuff can add up fast, and since this is basically a "turn-key property" (meaning you could show up right now and be ready to live/hunt without any work or improvement) that also adds a huge cost. You'd be surprised how much more a wealthy person will spend on property where he doesn't have to do anything vs. a place that he has to improve (build roads, build lodge, etc.). The base value for land might be around 3,000 an acre (thats about average for land with high timber value or agricultural value) but I gurantee with everything added in its going to sell for much higher than that.

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I guess that's rich people thinking because id much rather build a place up myself.

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I'm the same way. I'm a habitat management nut and spend the majority of my time working on some project on somebody's property somewhere, haha. I've been blessed enough to be able to buy land and "design" and develop it myself, as well as helping clients and friends do the same. It's my greatest passion.

But I do know alot of people (very wealthy, I might add) who would rather have somebody do all the work for them and just show up ready to hunt and leave again when they finish.

I personally like to do all the dirty work more than I like to hunt. Hunting after all that preparation is just icing on the cake, and it makes you appreciation it that much more.