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4500 Barford RD, Gibson Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$69,000
Lot size
18.39 acres
Price / acre
$3,752.04
Sale type
—
Property subtype
UNIMPLND
Lot size
18.39 acres
Zoning
—
Frontage
800 ft
Listing #
EN-29705
MLS #
10465849

Have that perfect home in mind? Now we have the perfect spot! This 18 acre lot is located in a quiet spot in Desirable Gibson! Plenty of road frontage gives you lots of options! NO HOA or Covenants! Enjoy nature at it's finest, and carve out your little homestead for the family to enjoy for years to come! 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.

Location

GAMLS
Listed by Joe Stockdale Real Estate
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10465849

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