Maple Ridge Farm Investment Property

Deeded Land: 97.859+/- acres

Location: Beech Grove, Lycoming County, Pennsylvania

  • Outstanding Investment Land Opportunity
  • Property located in the huge Marcellus Shale Natural Gas Exploration area of north central Pennsylavania
  • Located just 2 miles east of new I-99 freeway under construction connecting the U.S. and Canada
  • State Highway 184 travels east/west through the property
  • Deeded land includes the right of way for highway 184
  • Property currently leased for 5 years to gas company for drilling rights
  • Lease will be re-negotiated in 2013 with one time up-front payment to landowner
  • Current 5 year lease payment to landowner was $250,000
  • 15% Royalties to be paid landowner in future based on 1/6 ownership of land in 640 acre drilling unit where property is located, if natural gas is discovered in this respective drilling unit
  • Extensive drilling activity underway in the area
  • Natural Gas wells currently located just 2 miles from property
  • Farm Land Opportunity
  • 60+/- acres dry land farm land and 37+/- acres of woodland
  • Fertile silt loam soil with 3-8% slope on farm land and 3-15% slope on woodland
  • 38+/- inches of moisture per year
  • Farm land currently leased for 3 years for $1,800 per year
  • 2010 & 2011 crop years remaining on lease
  • Planted to corn in 2009
  • Woodland includes mixed Oak, Maple, White Pine & Hemlock trees on north portion
  • Highly desirable Wild Black Cherry trees on south portion
  • Modest 1,200 square foot house with partial basement currently leased as hunting cabin along with property hunting rights for $7,500 in 2010
  • Excellent habitat for whitetail deer, black bear & wild turkeys
  • Property currently enrolled in Clean & Green, a tax incentive program to limit development of the property to parcels of approximately 10 acres or less each year
  • Taxes for 2008 were $1,935.00
  • ALL MINERAL RIGHTS AND LEASES TRANSFER TO THE NEW OWNER OF THIS PROPERTY
  • CASH, Or Owner Carry Terms Available With Substantial Down Payment

This is outstanding investment property available where there is very little property for sale due to the forcasted potential growth of the natural gas industry in the area. It is also currently producing lease income from drilling rights, farm land and hunting rights. Future drilling leases and royalties are predicted to be substantially higher than current lease income. It is highly suited for future development as well.

There is a lot of publicity and increasing awareness about the potential for natural gas to become a major, clean energy source for our country. Buy this property now and be on the ground floor in a position to reap the future financial rewards as exploration and usage of natural gas increases.

Price: $2,000,000

a picture of Mike Mogensen, Realtor

Mike Mogensen

919 12th Avenue South

Nampa, Idaho 83651

Cell: (208) 890-7172

Office: (208) 466-4098

Fax: (208) 888-1989