WFS14-0859

For Sale:

107.04+/- Acre tract of wooded land in Hopewell Twp Beaver County! 13 minutes from the Pittsburgh International Airport, 6 minute drive to Parkway Access from the Aliquippa Exit (45), 7 minutes to the Hopewell Exit (48), 17 minutes to the main entrance of the Royal Dutch Shell Petrochemical Plant. Property has frontage along the Parkway and Airport Road. Sitting at 1200′ of elevation at the Southern most portion of the property you’re near commercial / manufacturing properties, this is also where the property is flattest. This portion of the property looks to be in the Industrial-Park zoning area according to the township map. The remainder of the property gradually tapers down to 1000′ feet of elevation with quad trails that have been formed now meandering through the timberland that may have value! That majority of the acreage appears to be zoned R-1. Public water, electricity, and gas available. Sewage is nearby, according to the
Sewer authority it runs through the property to the North.

121+/- Acres of oil, gas and mineral rights are included. We just negotiated a lease with Range Resources. $500 per acre, per year; $60,500, for the next 5 years. lease has a NO SURFACE use clause. 18% royalty with cost cap on post production.

MLS: 1642147
Listed with Southbound Enterprises LLC and CX-Energy

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