Active
207 Lick Fork Lane
Pioneer TN, 37847
$17,500,000
$0.05 per sqft
Active
8,128 Acres
Land
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 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 ofaEUR'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 is available on the property specifics 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 these once in a lifetime large, limitless tract in Campbell and Scott County, TN.
1274841
MLSⓇ ID
August 30, 2024
Listed
August 30, 2024
Updated
Map
207 Lick Fork Lane
Pioneer TN, 37847
Exterior/Building Features
Lot Size
8,128 Acres
Lot Features
Creek, Pond, Private, Rolling, Wooded
Other Property Details
Area Name
Campbell County - 37
Garage
No
View
Yes
View Description
Country Setting, Mountain View, Wooded
County
Campbell County - 37
Pool
No
Courtesy of Whitetail Properties Real Estate, LLC, Tim Burnette
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lisa Sinclair shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:10 PM UTC, 8/30/2024