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Key Details
Sold Price $65,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7530774
Sold Date 05/27/25
HOA Y/N No
Annual Tax Amount $1
Tax Year 2023
Lot Size 18.390 Acres
Acres 18.39
Property Sub-Type Unimproved Land
Source First Multiple Listing Service
Property Description
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
State GA
County Glascock
Zoning Cons
Lake Name None
Rooms
Bedroom Description None
Other Rooms None
Exterior
Fence None
Community Features None
Utilities Available Electricity Available
Waterfront Description None
View Trees/Woods
Present Use Hunting
Street Surface Paved
Porch None
Private Pool false
Building
Lot Description Private
New Construction No
Schools
Elementary Schools Glascock County
Middle Schools Glascock County
High Schools Glascock County
Others
Senior Community no
Tax ID 022018
Acceptable Financing Cash, Conventional, Land Bank, USDA Loan
Listing Terms Cash, Conventional, Land Bank, USDA Loan
Special Listing Condition None
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Bought with Joe Stockdale Real Estate, LLC
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Aormeese "MeeMee" Jenkins
Real Estate Broker | License ID: 333549
Real Estate Broker License ID: 333549