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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 and 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 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 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.
For more details:
Listed by: Tim Burnette
For more details:
Listed by: Tim Burnette