$1,144,484
US 27
Sunbright, TN 37872
MLS# 1250578



US 27, Sunbright, TN 37872
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Property 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.

Details
Maps
Documents
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

Listing Office: RE/MAX Finest

Office Phone: 931-484-4003

Last Updated: January - 22 - 2024

US 27, Sunbright, TN 37872 - MLS# 1250578
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.