Alternative Enterprises For Landowners Mark Megalos, NCSU Extension Assoc. Professor.

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Presentation transcript:

Alternative Enterprises For Landowners Mark Megalos, NCSU Extension Assoc. Professor

10/11/2015Alternative Opportunities2 Successful Enterprises Wildlife Recreation Forestry Future Prospects

10/11/2015Alternative Opportunities3 Wildlife Leases Income  Average: $5 - $10/acre, up to $15/acre/year Depends on:  Habitat quality  Soil fertility  Abundance & Diversity of game  Acreage  Proximity to Markets  Demand

10/11/2015Alternative Opportunities4 Fee Hunting Dove $ /day Small Game $10-25/ day Deer, Hog,Turkey, Waterfowl $ / Day $ Up to $1,000/yr. per stand or blind

10/11/2015Alternative Opportunities5 Recreational Leasing Birding / Fishing Paint ball Horse riding Mountain biking Cabin rental Camp/Canoe Sites

10/11/2015Alternative Opportunities6 Recreational Leasing TIPS Ability to Draw Metropolitan Audiences Acreage Right Forest Amenities:  Diverse land, water and plant mix

10/11/2015Alternative Opportunities7 ENERGY - FIRE WOOD Energy $7 - $14 /cord Firewood $75 - $150 /cord

10/11/2015Alternative Opportunities8 Native Shrubs, Trees & Ornamentals Landscape Market Sold on-site:  Spade ( “Naturals”)  B&B Faster returns

10/11/2015Alternative Opportunities9 Value-added Crafts Rustic furniture Bird boxes Carvings

10/11/2015Alternative Opportunities10 Value-added Plants Wreaths Ground Cover Mushrooms Truffles

10/11/2015Alternative Opportunities11 Promising Botanicals / Medicinals Cone Flower: ROOTS $ / lb. dry PLANT $.50 – 1.10 lb. dry Ginko LEAF $ 4.00 – 6.00 / lb. dry

10/11/2015Alternative Opportunities12 Promising Botanicals / Medicinals Goldenseal - $ / lb. Income : (.1 Acre plot/ dried root) 4 yrs- $2338

10/11/2015Alternative Opportunities13 Future Prospects Carbon Credits Bio-products  Pharma- (Bio-) ceuticals  Feedstocks  Bio-fuels

10/11/2015Alternative Opportunities14 Maximize Value of Your Entire Land Portfolio Ecological (Water, Wetlands) Crops Timber Development

10/11/2015Alternative Opportunities15 Get a Plan ! Your Land is Unique Match Goals & Family Interests Get Professional Advice Maximize Incentive$

10/11/2015Alternative Opportunities16 Questions?

10/11/2015Alternative Opportunities17 THANK YOU!