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287 acres of land, mix of tillable, pasture and woods. Estimating 125 acres in pasture-tillable, balance woods. Creek runs through the property and there is a small pond. Rough (no utilities), good condition hunting office trailer with wood burner heat. Fair condition equipment shed and fallen down barn. Property is ideal for hunting retreat with high deer - turkey population, home site(s), cabin site(s) or farming or cattle operation. Property was previously a working cattle farm. Perimeter is fenced in fair condition with much cross fencing. Many good homes sites on property and many acres for food plots. Internal roads to gas wells.
Property features two new gas wells (40 year life) that come with 200 MCF of free gas to one dwelling and out buildings per well, 400 MCF (four hundred thousand cubic feet) total per year. Additionally, the property was just appraised and trees marked by a Licensed Forrester and there is 380.4 thousand board feet of marketable hardwood timber (18 inches and over) At current timber prices, this yields approx. $ 51,000 in net timber value. Property has just been surveyed with corner pins set and boundaries flagged (see maps enclosed).
Neighbors report good well water at 60 foot depth. Numerous all season water springs, one developed. Power and phone on property. Property is secure and only accessible through a locked gate or on foot. There is 2.5 acre out conveyance in the front of the property where the previous owners widow lives. The 287 acre property comes with a first refusal of purchase of the out conveyance. There are NO restrictions on the property. No surface or underground coal mining in the area, no subsidence issues.
Many nut trees, some fruit trees, heavy deer, turkey and squirrel population. Easy access from paved road and 1 hour to Charleston, 1 hour to Summersville, 45 minutes to Spencer. 13 miles from Exit 40 of I-79
Sale price $ 287,000 FIRM with seller keeping the timber for harvesting or $ 322,000 with buyer keeping all timber rights.
Annual property taxes are $ 1,599
Consider using the timber proceeds for your down payment.
304 546-6156 (anytime) or 304 755 3880 (day time)
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