Auction 8/31: A great recreational property that provides an immediate return on investment with substantial income from a cell tower lease & an owned gas/oil well. The property also is not under any current or active leases for oil & gas. This farm is located on a dead end road and the trees create a natural barrier providing a very secluded setting. The land is mostly wooded with some mature timber. The cell tower produces $9,349.67/year (with a renewal and increase in October). The gas/oil well has been producing an average of $13,807.11/ year in the last 3 years in oil. This is one of those rare opportunities to invest in rural acreage that has a built in cash flow of this significance! Parcel 1: 57.518 Acres. Includes all surface rights. Parcel 2: 64.373 net mineral acres of Mineral Rights and existing owned gas/oil well. No current or active leases. Parcel 3: Cell tower rights & current lease with Verizon. Parcel # 014-032040-00.000 located in Fallsbury Twp. of Licking Coun
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
