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- Larry_Corson_PA_Map0001[1].JPG
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Details about the Country Home
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| County: Lycoming |
Type: Acreage w/House |
Acres: 97.86 |
| Address: 2944 R. 184 Hwy |
City: Beech Grove |
State: Pennsylvania |
| Zip: 17771 |
Price:
$2,000,000.00 |
Status: Available |
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Description of the Country Home
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97.859+/- Acres (Including St. Hwy 184 right of way which runs east/west through the property
Located in the huge Marcellus Shale Natural Gas Exploration Area of North Central Pennsylvania,
Fertile silt loam soils, 60+/- acres of dry land farm land; currently leased for 3 yrs, 37+/- acres of Woodland; Mixed Oak, Maple, White Pine & Hemlock on N. portion, highly desirable Wild Black Cherry on S. portion
Modest Farm house currently rented as hunting cabin along with hunting rights for $7,500 for 2010; excellent habitat for Whitetail deer, Black bear & Wild turkeys.
New I-99 Freeway Const. underway just 2 miles E. of property connecting U.S. & Canada. Property leased for 5 yrs. to gas company for drilling rights; lease to be re-negotiated in 2013 W/One time up-front payment to landowner, current 5 yr. lease payment to landowner was $250,000. 15% royalties to be paid to landowner in future based on 1/6 ownership of land in 640 acre drilling unit, if natural gas is discovered in this respetive drilling unit. All mineral rights & leases transfer to new owner. Extensive drilling activity under way in the area; natural gas wells currently located just 2 miles from property.
Property currently enrolled in Clean & Green, a tax incentive program to limit development of the property to parcels of Approx. 10 acres or less each year. |
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Find more property:
Pennsylvania Land for Sale |
Beech Grove, Pennsylvania Land for Sale |
Lycoming County Land for Sale
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