Exceptional Investment Property: Premier Blue Gem Coal, Natural Gas, And Dimension Stone Property With Recreational Potential
FOR SALE
County
Campbell CountyAcreage
8128 ±Price
$17,500,000FOR SALE
County
Campbell CountyAcreage
8128 ±Price
$17,500,000Address
207 Lick Fork Lane, Lot#WP001
Pioneer, TN 37847
View on Google Maps
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 Listing
Type
Recreational Land, Residential Land, Timberland, Undeveloped Land, Hunting Land
Road Frontage
County Road
Media
Other Property Details
Land Details
- Timber
- Open
- Pond
Utilities
- electric: nearby
- water: nearby
- internet: nearby
- cable: nearby
Coordinates
36.497, -84.2985
Annual Taxes
$24,831
Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.