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Katelyn Waters

katelyn@brickmortarproperties.com +1(865) 660-5194

$ 17,500,000

Est. payment -/mo

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207 Lick Fork LN Pioneer, TN 37847

8,128 Acres Lot

UPDATED:

08/30/2024 12:42 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1274841

Originating Board East Tennessee REALTORS® MLS

Lot Size 8128.000 Acres

Acres 8128.0

Lot Dimensions 8,128

Property 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 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 ofâ€'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.

Location

State TN

County Campbell County - 37

Area 8128.0

Zoning None

Exterior

View Country Setting, Mountain View, Wooded

Topography [object Array]

Improvements Other

Road Frontage , County

Garage No

Building

Lot Description Creek, Pond, Private, Rolling, Wooded

Faces From I-40 East, take exit 385 for I-75N/ I-640E toward Lexington. Continue on that road for 3.7 miles. Use the 2nd from the R Ln and take exit 3A for I-75 N toward Lexington and make slight L onto the ramp toward Lexington. Continue for 34 mi and take exit 141 for Ste Rte 63 W toward Oneida/Huntsville & then turn L onto TN-63 W. Go approx 4.4 mi and keep R to continue on TN-297 E. Go approx 5.5 mi, and turn L onto Lick Fork Lane. Go past 1194 Lick Fork Lane & the property entrance is at the beginning of where Lick Fork Road and Granny Br Road begin.

Others

Restrictions No

Tax ID 046 001.00

Listed by Whitetail Properties Real Estate, LLC

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Katelyn Waters

Agent | License ID: 363091

+1(865) 660-5194 | katelyn@brickmortarproperties.com

Katelyn Waters

Katelyn Waters

207 Lick Fork LN Pioneer, TN 37847

Key Details

Location

Exterior

Building

Others

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207 Lick Fork LN