Kane, Pennsylvania USA
What makes this unique?
Mineral rights, timber, and developable landall 3 of these assets come to 700,000 +.
Will consider selling for 50% of appraised value. The value would depend on who is looking at it
a developer, oil and gas people, a timber investor who can see the land after the clear cut, or a person who would like to have a beautiful home in the middle of the beautiful, 38-acre Black Cherry Forest. This is as laid-back, safe and clean a location as it gets!
In 1996 the land was appraised for $14,000 an acre. This very developable 38-acre parcel can be broken down. This Northwest Pennsylvania site is centrally located to 137,000 people within 35 miles, and is within 100-120 miles of Erie, Pittsburgh, Cleveland and Buffalo.
This 38-acre timbered parcel is in the Borough of Kane, and all city services are availablecity water, sewer, natural gas, electric, telephone and cable TV. All preliminary approvals have been granted, and sewage accepted by the authority.
If you cut down present marketable timber the value would be close to $100,000. Timber age is at the stage where the value will double in three to five years.
This acreage is very well stocked with maturing Black Cherry Timber, of which 85%-90% is of veneer quality. There have been two timber-stand improvement jobs performed; one in 1995 & one is just being completed.
38 Acres of Shallow Minteral Rights for your protection and investment. Will consider less than the appraised value for the aboveMake An Offer!.
Mineral rights are also available on 225+/- acres. Mineral rights in the Marcellus Shale areas are being leased from hundreds of dollars per acre to thousands of dollars, along with 12.5% to 17% royalties. Natural gas exploration and leasing is just moving into McKean County. Visit www.pagaslease.com/, for more information on PA gas leases.
OTHER AREA FEATURES
The Black Cherry Forest is surrounded (as close as 1-1/2 miles) by the 500,000+ acre Allegheny National Forest and within 10 minutes of the Allegheny Reservoir. Kane also is served well by US Route 6, an east-west railroad, and is 25 minutes from the Bradford Regional Airport. Visit the Allegheny National Forest .
Black Cherry Forest Subdivision is located on U.S. Route 6 near the boundary of
the Allegheny National Forest, over 500,000 acres "Land of Many
Uses" featuring year-round recreational uses.
ADDITIONAL INFORMATION: (Click the underlined link)
Resolution - The official Proclamation of Kane as the Black Cherry Capital of the World.
Visit the Allegheny National Forest
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Cell: (814) 598-1354
Mail: Black Cherry Forest, 660 N. Fraley St., Kane, PA USA 16735