Link Copied
$--,---,---
$495,000
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $1
Lot Size 
Approx. Age 
MLS® Number 10465872

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Amazing Opportunity! This 182 acre lot is located Desirable Gibson! Plenty of road frontage gives you lots of options! NO HOA or Covenants! This land has a Mineral Lease that currently has 40 years remaining on a 100 year Mineral Lease for Kaolin with Thiele Kaolin Company. If Thiele decides to mine this property in the next 40 years remaining on the lease, then it offers a unique opportunity for passive income from mineral royalties without the headaches of active land development. Once mining begins, royalty payments are typically based on volume extracted, offering consistent cash flow. Kaolin is a high-demand industrial mineral used in paper, paint, ceramics, and pharmaceuticals. Global demand remains strong, particularly in advanced manufacturing and construction, positioning this lease for long-term relevance. Currently it is a perfect tract for hunting especially with the creeks surrounding the property. Walk the property today!Show Description
MLS® Number10465872
Laundry Level
Central VacNo
FireplaceNo
Acreage182.89
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

For Sale

How much is your home worth?