The property consists of approximately 13,375 acres in 29 distinct contiguous and non-noncontiguous timberland parcels in King and Queen County, Essex County and Middlesex County. Located in the Coastal Plain, there are only moderate elevation changes and topographic transitions. Managed primarily for timber growth and revenue from timber sales, the property has also supported recreational hunting for deer, turkey and small game. The property is encumbered by a conservation easement held by The Nature Conservancy. The objective of the conservation easement is to protect the streams and existing forests on the property.
|Property Name||Dragon Run|
|County||Essex, King and Queen, Middlesex|
|Previous Owner||Hancock Forest Management|
|Dominant Forest Type||80% Loblolly Pine 20% Lowland Hardwood|
|Managing Consultant||Vision Forestry, LLC|
|Address||310 Tilghman Road, PO Box 2677 Salisbury, MD – 21802|
The subject property is located on the Middle Peninsula of Virginia in King and Queen, Middlesex, and Essex Counties. The properties have been grouped into 29 sub-compartments that are further categorized into five (5) primary compartments. The properties drain to the Dragon Run and Mattaponi River aquatic systems. The properties that drain into the Dragon are located primarily on headwater streams and those properties that flow into the Mattaponi River are located mainly on smaller tributaries closer to the mouth of the Mattaponi than to the headwaters of the system. All properties are located south of Route 360, west of Route 17, east of the Mattaponi River and north of the city of West Point.
The Dragon Run ownership was formerly owned and managed as an investment property by Hancock Timber Resources (HTR). HTR decided to sell its land holdings in 2009, as part of a planned restructuring, resulting in the purchase by HFF VI. At the time of the sale, HFF VI purchased the property in fee, while The Nature Conservancy purchased the conservation easement.
Loblolly pine forests dominate the upland landscape of the property. Bottomland hardwood and mixed pine and hardwood forests can be found on the property’s slopes and wetland areas. Some tracts contain steep slopes that grade to extensive bottomland hardwood swamps, open water and wetland areas.