The owner has elected to offer this property in two formats. One - The property will be offered in its entirety of 404 acres with an asking price of $1,050.400. Two - The property will be offered excluding 40 acres + being offered at $910,000. The terrain is gently sloping to flat with a stream running through the property. The property is mostly wooded and is bordered on the southern and eastern boundaries by streams. Most of the timber is large enough to shade out the undergrowth, which accommodates easy walking. There is approximately 5 acres of cleared land, presently producing dimensional sandstone quarry. The buyer has the option to retain the present producing entity or to have all mining cease. There is no long term lease on the mining area. An average of $2,800 of revenue per month is being generated by the mining activity at this time. The tract has a history o...
The owner has elected to offer this property in two formats. One - The property will be offered in its entirety of 404 acres with an asking price of $1,050.400. Two - The property will be offered excluding 40 acres + being offered at $910,000. The terrain is gently sloping to flat with a stream running through the property. The property is mostly wooded and is bordered on the southern and eastern boundaries by streams. Most of the timber is large enough to shade out the undergrowth, which accommodates easy walking. There is approximately 5 acres of cleared land, presently producing dimensional sandstone quarry. The buyer has the option to retain the present producing entity or to have all mining cease. There is no long term lease on the mining area. An average of $2,800 of revenue per month is being generated by the mining activity at this time. The tract has a history of production Crab Orchard flagstone and saw rock, with the potential for future production if the buyer desires. Numerous drainages suited for small lakes or large ponds. The tract is abundant with wildlife: deer, turkey, squirrel, grouse, bobcat, coyotes, raccoon, wood chuck, fox and numerous song birds. There is approximately 2000 ft of paved road frontage with public water available on the frontage zoned as farm land. The oil and gas rights are separated from the estate, though there is no oil or gas drilling activity occurring in the area. This is beautiful property which is suited as potential development or can be subdivided into 25 to 50 acre tracts or as a private hunting retreat. It is hard to describe how unique this area really is. A tour of the property is the only way to get the full flavor of the forest and streams, and all of its future potential. This property is being sold as a lump sum and not by the acre.
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Research Parcel InformationThis property is located in Cumberland County, TN. It is approximately 1 Hr 15 minutes from Knoxville and Chattanooga, TN and a 20 minute drive from Crossville, Tn. Call listing Agent for specific directions.
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