lease prices

[RobbyW]

What are people seeing as far as lease prices per acre? Looking in Middle Tn, Dickson County more specifically.

 

[FlintvilleMonster]

$15.00 an acre is what I paid in Lincoln Co.

 

[Winchester]

Not sure right now but about 5 years ago you could lease land in Dickson co. and surrounding areas for 4-8 $ an acre.

 

[KillenTime]

Wow $15.00 an acre in Tennessee is high! $6.00 to $7.00 is about right. I think ours is around $6.50

 

[tarsalgland]

I pay the land taxes on my lease, which comes to $9.00 an acre.

 

[Columbia Scott]

440 acres for 2500.00 per year.Split 4 ways.

 

[TN Whitetail Freak]

440 acres for 2500.00 per year.Split 4 ways.

Thats what im looking for in and around weakley or carrol Co.

 

[slagtown_dfa]

$15.00 an acre is what I paid in Lincoln Co.

Ridiculous! Good deer there but its not worth that.

 

[deerhunter10]

in tn 3-8

 

[TX300mag]

Way too many factors to consider-$15 might be well worth it for good land.

 

[tailchaser]

5-8 around here if ya can find a good lease,don't think I'd pay much more than that anywhere.

 

[Dbllunger]

$8/acre on my 1400 acre Wilson County lease.

 

[Columbia Scott]

Ours is in Giles County. We have a good relationship with the owner and have kept it for 7 years now.

 

[Jmed]

Unless its epic deer hunting, I dont think you should pay more than what the annual property taxes are. I finally was able to lease my tract by offering to pay the property taxes in exchange for hunting rights. Its high but its worth it and I am the only person the 90 year old man has ever leased or even given permission to. Its all in the approach when you trying to get a landowner to give you permission.

 

[Solo Hunter]

$15 an acre is outrageous but in all reality if you don't pay it someone else will. That's what jacks the price up.

 

[redhunterZ71]

Marion county $3.50 acre. Close to 1600 acres we pay around $5,500

 

[TheLBLman]

$15 an acre is outrageous but in all reality if you don't pay it someone else will.

That's an erroneous assumption, and many properties with outrageous prices have gone unleased (for the prices asked), only to reduce their prices the next year vs. risking their continuance of going unleased. (Not to say that some properties aren't worth $15 an acre and more.)

That's what jacks the price up.

But THAT is correct.
Conversely, when a property goes unleased, that can majorly jack the price down.

A property is worth whatever the highest bidder is willing to pay. Hunters are willing to pay more for convenient properties to their homes, thus those good properties nearest the major metropolitan areas may command the higher prices. But they may not have the best deer hunting, just the best convenience, commanding a higher price, in part due to more bidders in the game.

To a large number of hunters, say living near Memphis, it may make more sense to pay a higher lease price for a place to hunt 30 minutes from home, allowing for more opportunity to actually go hunting, while saving money on gas and lodging.

As lease prices tended to go up, more landowners began leasing. Meanwhile, the number of deer hunters has been shrinking. Some areas are now seeing prices go down, as like most things, it's mainly the law of supply and demand that dictates price. Going to be interesting to see what some high lease prices in rural areas of states such as Illinois do in the coming years ---- my bet is they go down, way down.

 

[tnbucs1]

15 seems high but at the same time I doubt I could find a lease in Williamson County or Davidson prime property for much less.
Not sure, I haven't tried.
My lease in Humphreys is around 5 per acre.
Like you said Wes the convenience factor is huge. I would pay 7-8 per acre if it were closer to home 15-20 vs 1hr and had the exact same hunting habitat and conditions;but others will pay even more.
Just higher demand close to Nashville and other big cities.
On top of that yet another reason for us to stay away from the Trophy State status.
Looking at leases in KY or anywhere else defined as a Trophy State our lease prices are still reasonable for the quality of deer we have.

 

[redblood]

cheaper to buy a piece at auction. hunt it for 3 to 4 years, improve it a bit and sell it for 20% more than u paid. then u are getting paid to hunt.

 

[TheLBLman]

On top of that yet another reason for us to stay away from the Trophy State status.

I have a little different take on that, too.
First, I think "trophy state status" is much to do with marketing hype by outfitters to command higher prices. They helped to greatly run up the lease prices in these areas.

Secondly, go back to the law of supply and demand. Do we have more States now labeled as "trophy" states, or fewer than we had a decade ago? What about the number of deer hunters? More or fewer than a decade ago?

Despite "labels", has the quality of deer hunting, and the opportunity for a "trophy" buck not greatly increased in MOST states over the past decade? Again, or there more or fewer deer hunters?

Thirdly, despite a loss of hunting lands in some areas, the deer herd has greatly expanded in so many other areas that we may actually have more available good deer hunting today than a decade ago.

How's the hunting today in East TN compared to a decade ago? Compared to 20 years ago? More, or fewer hunters? Or how about Knox County, I believe the 4th largest metropolitan area in TN? It is particularly interesting to note how many East TN hunters reside in Knox County, a county which essentially had no deer hunting opportunities a couple decades ago. Not saying most of these Knox County hunters are now deer hunting in Knox County, but many are, and many more are hunting surrounding counties rather than driving to West TN or another state.

Just as thousands of East TN deer hunters are no longer traveling to Middle and West TN to deer hunt, thousands of TN hunters are no longer finding need to travel to "trophy" states to find quality hunting. The "market" will dictate the localized lease prices, and naturally, a place like the Memphis area will typically command higher prices per acre than say the Chattanooga area. In the meantime, many Knox County residing hunters are today finding acceptable lower-cost deer hunting in Knox County, whereas a decade ago they were regularly driving to places like Hickman and Humphreys Counties to go deer hunting.

THESE are the good ole days of deer hunting, and I believe lease prices in most areas will remain stable or go down. In fact, I believe we will see an increase in landowners offering "free" deer hunting opportunities as expanding deer herds and higher deer populations become seen more as a nuisance than a new novelty.

 

[TheLBLman]

cheaper to buy a piece at auction. hunt it for 3 to 4 years, improve it a bit and sell it for 20% more than u paid. then u are getting paid to hunt.

To what extent that was the case, that gig may be over. But if you sell it, you no longer have that place to hunt. However, the fact that many hunters have decided to purchase hunting lands (in part because of high lease prices), those hunters have removed themselves from the lease market. This brings us right back to the law of supply & demand, i.e. there are now fewer deer hunters seeking a lease.

 

[Super8]

$12 ACRE IN MONTGOMERY COUNTY
$6 IN HARDIN
$10 IN NORTH PART OF SUMNER
$4 IN PERRY

Prices are all over the map in TN

 

[landman]

I see it every were on pricing
Land Managers handle big tracts of timberland, were I've seen stuff at $4 acre that was under lease for 12 years.

But I know of a Great tract a $20 per acre that comes with a small cabin, food plots and limited on what you can shoot

It all depends on what you want and are willing to pay

 

[redblood]

cheaper to buy a piece at auction. hunt it for 3 to 4 years, improve it a bit and sell it for 20% more than u paid. then u are getting paid to hunt.

To what extent that was the case, that gig may be over. But if you sell it, you no longer have that place to hunt. However, the fact that many hunters have decided to purchase hunting lands (in part because of high lease prices), those hunters have removed themselves from the lease market. This brings us right back to the law of supply & demand, i.e. there are now fewer deer hunters seeking a lease.

the opportunity is there. i just missed an auction here (had buyers coming in). deer infested 24 acres went for 18,000. some people never looked at buying land as an auction, but will put 35k on a truck, that will go down in value every day they own. just about priorities i guess.

 

[redblood]

as fas as the seeking part, i think you are wrong. i leased out 3 farms in middle tn this fall. all 3 leased the first day. probably had 50 parties competing for 3 farms. fair to see, we got our price

 

[X-Tennessean]

440 acres for 2500.00 per year.Split 4 ways.

Thats what im looking for in and around weakley or carrol Co.

Good luck ! Its tuff to find in Weakley....I will however keep you in mind if I run across something. Lived there all my life until 6 years ago when I moved to Missouri. All my family is still there and thats were I hunt and no a few around who "might" have something.

 

[Solo Hunter]

$15 an acre is outrageous but in all reality if you don't pay it someone else will.

Quote from Wes Parrish:That's an erroneous assumption, and many properties with outrageous prices have gone unleased (for the prices asked), only to reduce their prices the next year vs. risking their continuance of going unleased. (Not to say that some properties aren't worth $15 an acre and more.)

All I know is that if you have a place here in Fayette and surrounding counties if you don't pay it someone else will! I don't know of a place around here that never went unleased when avialable. I had a place for 24 yrs for $4500 that was 860 acres. It was leased out from under me for $20,000 a year with a 5 yr lease! That figured out to $23.25 per acre. On top of that you had to clip 250 acres of CRP ground. Clubs all around us are paying $15 per acre to keep their lease. The only reason was someone offered to pay that to get it out from under them. I don't know what y'all pay or don't but I promise you it's not uncommon for this amount to be paid. I'm not saying all leases here go for that. But a lot of them do. But As far as land going unleased because they're asking too much, it's not going to happen around here if the right person hears about it! Do I agree with it? No I don't but I have no control of it.

 

[stik]

leasing is the biggest threat to hunting for working folks.

 

[landman]

$15 an acre is outrageous but in all reality if you don't pay it someone else will.

Quote from Wes Parrish:That's an erroneous assumption, and many properties with outrageous prices have gone unleased (for the prices asked), only to reduce their prices the next year vs. risking their continuance of going unleased. (Not to say that some properties aren't worth $15 an acre and more.)

All I know is that if you have a place here in Fayette and surrounding counties if you don't pay it someone else will! I don't know of a place around here that never went unleased when avialable. I had a place for 24 yrs for $4500 that was 860 acres. It was leased out from under me for $20,000 a year with a 5 yr lease! That figured out to $23.25 per acre. On top of that you had to clip 250 acres of CRP ground. Clubs all around us are paying $15 per acre to keep their lease. The only reason was someone offered to pay that to get it out from under them. I don't know what y'all pay or don't but I promise you it's not uncommon for this amount to be paid. I'm not saying all leases here go for that. But a lot of them do. But As far as land going unleased because they're asking too much, it's not going to happen around here if the right person hears about it! Do I agree with it? No I don't but I have no control of it.

Your in that less than 1 hour from Memphis drive,
Land even brings more per acre on selling
I agree with you in that area you can't past thinking it will go
down in price

 

[shaggy]

bbuck 14 is correct about Fayette County. Folks from Shelby County are driving out and paying large amounts to lease some land. Don't get me wrong, it's not all Shelby Countians that are doing it, we have locals here that do the same thing. I drive west towards Memphis for about 5 miles on 64 and it's nothing to count 30+ trucks heading east. It is very cut throat, folks locking gates behind them and hiding their trucks where they hunt. They don't even show their deer off as much. If someone finds out that you have a good spot and the landowner is looking for $, you can say goodbye.