Description
Amazing opportunity! this 182 acre lot is located desirable gibson! plenty of road frontage gives you lots of options! no hoa or covenants! walk the property today! 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.
Property Type
LandCounty
GlascockStyle
LandAD ID
48722597
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BuyOwner last updated this listing 04/16/2025 @ 00:51
- MLS: 7531333
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: FMLS
is a Land, with bedrooms which is for sale, it has 0 sqft, 183 sized lot, and 0 parking. are nearby neighborhoods.