US 27, Sunbright, TN 37872
$1,144,484
Property Type:
Lots & Acreage
Lot Size (sq. ft.):
13,119,401
Status:
Active
Current Price:
$1,144,484
List Date:
1/22/2024
Last Modified:
1/22/2024
Description
Discover an exceptional investment opportunity in Sunbright, Tennessee, encompassing over 300 acres of land graced with mature timber and boasting five gas wells poised for profit. This property combines natural beauty with potential income streams, offering a serene landscape blanketed in mature trees and lush vegetation. Beyond its aesthetic appeal, it presents a promising financial aspect with its gas wells, ensuring a steady return on investment. Located in the picturesque town of Sunbright, this versatile property strikes a perfect balance between tranquility and convenience, making it an ideal canvas for various development possibilities, whether you envision a private estate, recreational retreat, or timber venture. Seize this unique chance to invest in a remarkable property that harmonizes the allure of nature with the promise of financial growth.
More Information MLS# 1250578
Location, Tax & Legal Info
Street Name: US 27
State/Province: TN
Zip Code: 37872
Area: Morgan County - 35
City/County Code: County
PIN #: Multiple
Total Tax: 4750.07
Geo Lat: 36.220856
Geo Lon: -84.672233
Contract Info
Auction Y/N: No
Listing Price: 1144484
Current Price: $1,144,484
Status: Active
Listing Date: 2024-01-22
Cooperation Comp: 2
Compensation Type: %
General Property Description
Lot Dimensions: IRR
Acres: 301.18
Acre Source: Tax Records
Restrictions: No
Property Status: N/A
Remarks & Misc
Directions: Take US-27 in Sunbright & turn Right onto Cumberland Mountain Circle. Parcels are around there.
Public Remarks: Discover an exceptional investment opportunity in Sunbright, Tennessee, encompassing over 300 acres of land graced with mature timber and boasting five gas wells poised for profit. This property combines natural beauty with potential income streams, offering a serene landscape blanketed in mature trees and lush vegetation. Beyond its aesthetic appeal, it presents a promising financial aspect with its gas wells, ensuring a steady return on investment. Located in the picturesque town of Sunbright, this versatile property strikes a perfect balance between tranquility and convenience, making it an ideal canvas for various development possibilities, whether you envision a private estate, recreational retreat, or timber venture. Seize this unique chance to invest in a remarkable property that harmonizes the allure of nature with the promise of financial growth.
Status Change Info
Status Change Date: 2024-01-22
Property Features
Property Sub-Type: Commercial; Farm; Mobile Home; Recreational; Single Family
Topography: Level; Rolling
Road Frontage: County; Paved; State
Road Access: Public Road; U.S. Highway
Sale Options: Fee Simple
Improvements: Utilities on Site
Easements: Mineral Rights Avlbl; Timber Rights
Lot Description: Irregular Lot; Rolling Slope; Wooded
View: Country Setting; Wooded
Documents on File: Topography Map
Developmnt Potential: Commercial; Farm; Single Family; Subdivision
Utilities Available: Electricity; Gas; Telephone; Water
Zoning: Zoned Agricultural; Zoned Commercial; Zoned Residential
Present Structures: None
Undeveloped: No Garbage Pickup
New Financing: Cash; Conventional; New Loan
Documents
Confirmation of Agency ›Listing Office: RE/MAX Finest
Office Phone: 931-484-4003
Last Updated: January - 22 - 2024
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