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Listed by Ann Jordan • Landmark Realty and Auction
$ 532,587
Est. payment | /mo
161.39 Acres Lot
$ 532,587
Est. payment | /mo
161.39 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2768079
HOA Y/N No
Annual Tax Amount $78,685
Lot Size 161.390 Acres
Acres 161.39
Lot Dimensions 161.39
Property Description
New survey shows 161.39 acres. Land is idea for hunting and sellers receive an annual income for the use of an easement & right of way for pipeline, electric power lines and road that runs thru the property. The amount of royalty is based on a contract with the lessee that expires 2035. The royalty checks are deposited monthly. Seller's state they have been receiving an average of $12,000 for the past few years. Property has a nice creek that runs thru it. Lots of wildlife, deer, turkey and sellers state they have seen a cougar on the property. New owners must agree to continue the lease agreement with Lessee. Property has a locked gate at the entrance and all showings must be scheduled and buyer's agent to attend showings. Contact listing agent to arrange showings and for lockbox code. No trespassing without permission from listing agent/sellers/lessee. Timber cut approximately 15 years ago.
Location
State TN
County Benton County
Zoning Forest
Interior
Fireplace N
Exterior
View Y/N false
Private Pool false
Building
Lot Description Hilly, Level, Rolling Slope, Wooded
Schools
Elementary Schools Camden Elementary
Middle Schools Camden Jr High School
High Schools Camden Central High School
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