256 Acres - Dinwiddie County, Virginia
Tract B121 Gibbs Farm - SOLD
General Description
The Gibbs Farm, 4724 Grubby Road, Wilsons, VA is 256 acres located East of Blackstone on Grubby Road and White Oak Church Road 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 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.
Location/Directions
Shown by appointment
Look for Advance Land and Timber signs.
Disclaimer: Property inspections shall be done during daylight hours. Seller and Advance Land and Timber, LLC in no way make any representations or warranties regarding the conditions of the property, including any and all access routes, and all persons entering upon the property do so at their own risk and accept said property “as-is” in its existing condition during such inspections. All persons entering upon the property assume all risks and liabilities and agree to indemnify, defend, and hold harmless Seller, its affiliates, officers, directors, managers, agents, representatives and employees from and against any and all claims, demands, causes of action, injuries (including death) and damages resulting from any accident, incident, or occurrence arising out of, incidental to or in any way resulting from his or her inspection of the property or his or her exposure to the conditions of the property.