B121 Gibbs Tract
The Gibbs Tract 4724 Grubby Road, Wilsons, VA is 256 acres located East of Blackstone on Grubby Rd and White Oak Church Rd approximately 22 miles West of Petersburg and just South of State Hwy 460.
The property lays gentle rolling to flat with 56 acres of cropland, a creek on the North East boundary and a 2.5-acre pond in the middle of the tract. The timber consists of 194 acres of 30+ yr old Loblolly pine and 22 acres of mature hardwoods. Improvements include a 1,072 sq ft brick home with three bedrooms, one full bath, kitchen, living room, a two-car garage, 25x15 shed and a 14x15 shed.
This property is an excellent timber, agriculture and real-estate investment, the crop land and the house will provide annual cash flow and the timber, which is valued at $240,772 will continue to grow at an average growth of 8% per year. The recreational opportunities are deer, turkey and dove hunting ...
This property is an excellent timber, agriculture and real-estate investment, the crop land and the house will provide annual cash flow and the timber, which is valued at $240,772 will continue to grow at an average growth of 8% per year. The recreational opportunities are deer, turkey and dove hunting along with fishing for bass and bream in the pond.
The Gibbs tract is a great investment/recreational tract that will pay for itself while you hunt.
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