Land for Sale - 207 Lick Fork Lane, Lot#WP001, Pioneer, TN 37847 - 8128.0 acres

Exceptional Investment Property: Premier Blue Gem Coal, Natural Gas, And Dimension Stone Property With Recreational Potential

207 Lick Fork Lane, Lot#WP001, Pioneer, TN | Lat/Lng:  36.4970, -84.2985

$17,500,000
8128 ac.
08/30/2024
FOR SALE
Main Listing ImageMain Listing Image

Description

Discover a remarkable investment opportunity with this expansive 8,128-acre property located in Campbell and Scott Counties, TN. This prime land boasts extensive deposits of Sub-Bituminous B & Blue Gem Coal, as well as dimension stone mining potential. Elk Valley, a standout feature of the tract, is renowned for having the largest proven underground reserve of Blue Gem Coal in the Southern Appalachian Mountains. This rare coal, essential for producing clean technologies such as solar panels and cell phones, is currently valued at approximately $350 per ton. In addition to its coal reserves, the property includes operational natural gas wells with potential for further expansion, enhancing its investment appeal. The land also offers significant recreational and development opportunities, including long-range views and abundant wildlife such as elk, deer, turkey and bear. This makes it ideal for recreational use and hunting, with the potential for additional income from hunting leases. The property’s proximity to I-75 ensures easy access, and essential services like electricity, water, fiber and cable are available nearby. This tract is a child listing to 15,491 acres and offered as other options of—4,115 acres, 1,976 acres, and 1,272 acres. Dimension Stone Mining, Company/LLC Purchase, or putting the property into a Conservation Easement are options, making this a flexible and lucrative investment opportunity. More information on the property specifics is available with a non-disclosure agreement and proof of funds. Showing appointment is required with the listing agents. Give us a call for your private tour of this once in a lifetime large, limitless tract in Campbell and Scott County, TN. Property Features: - Sub-bituminous B & Blue Gem Coal - Dimension stone mining - Close proximity to I-75 - Elk, deer, turkey, bear - Long range views - Hunting lease income - Ponds, blue-line creeks and mountain views - Internal roads and trails - Located in both Campbell and Scott County

Details

CountyCampbell
Zipcode37847
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
Land Listing Agent Photo
Agent: Wes Evans
Contact Agent:Email Land Listing Agent
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