1146 Acres in Campbell County

Newcomb TN 37819  |  Campbell County, TN
  • $11,500,000
  • 1,146 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: Newcomb297
Irrigated: No
Residence: No
Property ID: 9494387

Property Description

+/-1146 acres in Campbell County, Tennessee. +/- 4 miles of direct I-75 frontage with a dedicated cloverleaf interstate exit into property (Exit #156 Rarity Mountain), also has direct frontage on State Hwy 297, +/- 3 miles of Norfolk Southern Railroad frontage (both sides of RR tracks, +/- 3 miles of Elk Fork River frontage, we own and can convey 100% of the mineral rights (very rare in this area), numerous oil and gas wells operating all around this property. We have core drilled the property and our geologists estimate 969 million tons of marketable limestone and 921 million tons of marketable sandstone.

We had core samples tested, and all samples well exceeded TDOT, KYDOT, GADOT, NCDOT, ALDOT requirements for a non-skid asphalt surface, as well as, exceeded the requirements for RR ballast material. Property is ideal for an aggregate quarry; RR tracks give a significant transportation advantage over the competition, as well as , the direct Interstate frontage/accessibility. The property will provide a $200MM tax deduction through the donation of a conservation easement; buyer can donate easement and continue to use the land; they just promise to never open a rock quarry on the property. A $200MM tax deduction in a state that has a state income tax in addition to the federal income tax rate, is 45% or $90MM in real dollars!

A more aggressive geologist could get those numbers even higher. Property has 3 caves and numerous crystal clear, everlasting mountain springs. The mountaintop views on this property are breathtaking. Property has elk, deer, bear, mountain lion, ducks along the river, and wild hogs. We have constructed an extensive road system and installed 37 culverts for proper road drainage. Will consider owner financing and will also consider trades with boot. Will consider selling in smaller parcels. Excellent hardwood timber; last select cut was in 1993. Great location for an ATV/RV park. People come from all over the U.S. to ride the mountain trails in this area; see Royal Blue ATV Park, Brimstone ATV Park, Windrock ATV Park. Be sure to scroll down to the bottom for attachments to view maps and further information; i.e.; geological reports, market study, reserve report, cash flow analysis, etc.

Property Map



Contact Seller

Ray Culp

Sonador Capital Partners, LLC

(615) 861-0601 (work)
(615) 861-0601 (mobile)

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Contact Seller

Ray Culp

Sonador Capital Partners, LLC

(615) 861-0601 (work)
(615) 861-0601 (mobile)

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