Lake Placid Timber Tract

Tavares sand, 0 to 5 percent slopes (map unit 6)

Drainage

Moderately well drained

Flood frequency

None

Slope

3%

Capability class

3

Farmland classification

Not prime farmland

Source: USDA NRCS Soil Survey Geographic Database (SSURGO). Farmland classification reflects the federal Farmland Protection Policy Act designation for this soil map unit.

Grassland/Pasture (2021 classification)

Source: USDA NASS Cropland Data Layer — satellite-observed, not self-reported. Compare against the listed land use above.

Highlands County-wide figures, not specific to this parcel — pooled across every agricultural land use in the county.

Avg. ag land value

$5,657 / acre

Cattle inventory

74,469 head

Irrigated acreage

67,987 ac

Orchard acreage

44,114 ac

Direct farm sales

0.3% of sales

Agritourism operations

6

Source: USDA NASS 2022 Census of Agriculture — published every 5 years. Orchard/berry acreage, direct farm sales, and agritourism figures are from USDA ERS's 2017 local food economy data set — a different vintage than the figures above, and the most recent ERS has released.

Highlands County-wide figures, not specific to this parcel — real federal crop insurance claims paid across every insured crop in the county that year.

Top cause of loss

Freeze ($8,689,200 paid)

Total indemnity paid

$18,712,814

Source: USDA Risk Management Agency 2024 Cause of Loss Summary of Business. "Top cause of loss" excludes area/index insurance products (ARPI, STAX, etc.) whose losses aren't attributed to one physical peril — the total indemnity figure still includes them.

Highlands County-wide figures, not specific to this parcel — population and local economic conditions, relevant background for a land investment thesis.

Population

107,614

Net migration

+3,007

Rural-urban classification

3 · Metro (<250k)

Unemployment rate

4.3%

Median household income

$51,954

Poverty rate

15.9%

Per capita income

$28,519

Source: USDA ERS (Economic Research Service). Population, net migration, and rural-urban classification are 2023; unemployment rate is 2023; median household income is 2022 (ERS's own source data publishes income figures a year behind unemployment). County typology classifications (farming-dependent, natural amenities, retirement destination, population loss, low education, low employment) are ERS's 2015 edition, the most recent ERS has released. Poverty rate and per capita income are 5-year ACS estimates ending 2021 — a different survey and vintage than median household income above, not a duplicate figure.

Highlands County-wide figures, not specific to this parcel.

Timberland

96,833 ac

Timber volume density

1,425 cu ft/ac

Source: USDA Forest Service 2022 Forest Inventory and Analysis (FIA) program. These are statistical estimates from a field-plot sample, not a full census — the volume figure carries a ±37% margin of error for this county.