17,500 Plus ACRES SOUTHEASTERN KENTUCKY MOUNTAIN FOREST LAND
17,500 Acres - Timber & Land in Kentucky For Sale
Approximately 2 hours and 15 minutes from Lexington, KY; approximately 2 hours from Knoxville, TN; and approximately 50 miles from Hazard, KY.
Within 20 minutes of the Hal Rogers parkway; which is also the planned corridor for the new Interstate 66 across southern Kentucky.
Approximately 17,500 total acres, of which 16,000 acres are contiguous.
Located within the Daniel Boone National Forest, but has retained private surface and mineral ownership.
2005 Timber Cruise shows 60 million board feet of Hardwood Timber and a large amount of pulpwood
Located within 50 miles of proposed wood-powered electric plant (eccoPower) which will supply an estimated 30,000 homes with electricity in the region. The plant is scheduled to begin construction in 2010.
Has some reclaimed surface mine acreage on the mountaintops, which is suitable for development.
Located within a few minutes of the Red Bird Mission, established over 100 years ago and serves to meet the needs of many people – also the home of a number of retirees.
Tourism potential with trails throughout the property, beautiful forests/streams, and abundant wildlife.
Property has two herds of elk, each with over 100 head. Kentucky has over 10,000 elk. The Kentucky Department of Fish and Wildlife has entered into an agreement with the property owner to protect against poachers. Owners receive three elk tags that are valued over $10,000 each.
Kentucky's Lieutenant Governor has been to the site and is a huge proponent of this type of property for tourism in KY. Much of this type tourism has proven successful for many areas of KY – horse back trails, four wheeler trails, camp sites, etc.
Property generates 14 cents a ton wheelage for each ton of coal that crosses the property, and generates $1,000 for each new oil or gas well drilled.
Property is capable of immediately generating significant capital from timber harvest with the long term potential for site development, tourism, etc.
Property located in Bell, Clay, Knox, & Leslie Counties
Price:
Parcel Size:
17500 (+/-) Acres
Special Conditions:
Property Location:
KY USA
Contact Information:
Benny Coleman
606-837-3612
Email Contact: Click Here
