Mitigation Bank and Recreational Land in Louisiana
This 395 Acres Agriculture Land, Hunting in Tangipahoa Parish, Louisiana, is a great recreational property, in addition to the ability to sell mitigation credits. The Laurel Oak Mitigation Bank is in the New Orleans District of the Army Corps of Engineers. The bank is permitted at 387.2 acres and was approved for 256 acres of enhancement and 39.3 acres of restoration credits.
Through July 2013, 64 acres of enhancement credits and 9.8 acres of restortion credits have been released. Subsequent releases are now due after substantial completion of the required project work was performed in 2012-13. Through July 2013, 52.6 enhancement and 9.8 restoration credits have been sold for a total of $730,500. This information can be verified at www.ribits.usace.army.mil. This will leave a potential inventory of 203.4 enhancement and 29.5 restoration credits for future sales. Additional planting will be done on the tract this winter according to the plan. Site maps showing all work completed and projected are available.
- Recreational and hunting use apart from the sale of mitigation credits
- Situated at the end of a dead-end road, on the southwest side of Amite (along the east side of I-55)
- A creek runs through the tract with good habitat for supporting deer
- Approximately 8 acres and a small pond are situated on the north side of the tract and are not encumbered by the mitigation easement (an old home site exists there)
- Utilities are available to this 8 acres
- Suitable for a camp site
Contact RecLand Realty, LLC, for details about this property, as well as other properties for sale in Louisiana, Arkansas, Mississippi, and Texas. RecLand Realty, LLC, a leading land broker in the southeast United States, recently announced its partnership with Buck Commander® and Duck Commander® to become their “Duck & Buck Commander Endorsed Land Broker” for Louisiana, Arkansas, Mississippi, Texas & Iowa.
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