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The property is a 400 acre wetland mitigation bank located in Liberty and Chambers Counties, Texas. The bank is located approximately five miles north of I-10 on FM 1410, northwest of Winnie, Texas. The project has been under development since 2010 and is nearing permit approval. The bank is offered for sale with closing upon final approval of permitting, expected in late 2013 or early 2014.
The mitigation credit sales are projected to generate over $31M in mitigation credit sales through the first 15 years of the life of the project. The project is offered for sale at $16,700,000 which represents $750,000 for the 400 acres of land, plus $15,950 for the $31 Million in credit sales, discounted at 10% for the first 15 years of the project.
This property offers an investor the opportunity to buy a fully permitted wetland mitigation bank and reap considerably higher returns than is currently available from agricultural investments. This bank is located in an excellent market area that has high demand for wetland mitigation credits due to the current and projected future levels of oil and gas and pipeline development in the area.
From Houston drive East on I-10 to FM 1410, then North on FM 1410 for five miles. The property is on the right behind double gates.
Minerals - % Oil & Gas Owned
Minerals - % Water Owned
Wetland Mitigation Bank
Wetland Mitigation bank
Type of Fence
Minerals - % Wind Owned
Property Tax Exemption
Road Frontage Desc
Tax Data (Show Tax Data)
Loading Tax Data
Other Land for Sale in Liberty County
NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.