Farmland W/ Comm. Buildings On Rail

Farm Description

FOR SALE BY OWNER IN MARCELLUS SHALE REGION FARMLAND WITH FOUR COMMERCIAL BUILDINGS CONTAINING A COMBINED FOOTPRINT OF APPROXIMATELY 19,990 SQ. FT., WITH 1,115’ OF RAILROAD FRONTAGE AND 1,375' OF ROAD FRONTAGE ON 17.764 ACRES, IN NORTHEASTERN PENNSYLVANIA, SOUTHEAST WYOMING COUNTY, FALLS TOWNSHIP, PENNSYLVANIA 18615

(the “Property”)

Highlights

• Ideal for Storage Yards for Forest Products & Minerals,Winery, Ag Processing, Campground with boat storage, Mobile Home Park, Wind Farm, Multi-Family Dwellings, Commercial Communication Device Site, RV Park with Boat Storage, Public Parks, Tree Farms, Vineyard, Farm, Contractor's Yard, Nurseries, Commercial Greenhouses, Commercial Stables & Horses for Hire, Veterinary & Equine Clinics, Vehicle and Equipment Storage, Nursing Home, Health Care Facilities, Places of Worship, Public and Semi-Public Buildings and Uses, Schools, Adult and Child Daycare, Bed & Breakfast and other uses.

• Property can be further subdivided into multiple parcels for development and sale.

• 1,115' of Railroad Frontage. 1,375' of Road Frontage.

• Ideal Site for Serving the Marcellus Shale Gas Industry in the Core Northeastern PA Marcellus region with 5,400 Natural Gas Wells.

• Proximity to Susquehanna River, Abundant Groundwater Available.

• Low Taxes under PA Clean & Green.

• Served by Reading, Blue Mountain, & Northern Railroad. Primary Products Handled Are Coal, Plastics, Wine, Lumber, Paper, Grains, and Sand.

• Abundant Shale & Gravel on-site for use in building roads and for loading pad foundations.

• Existing asphalt paving in place around buildings.

Summary Description

All buildings have high ceilings (except office areas, which are 8') and concrete or asphalt floors as well as large overhead garage doors. Abundant groundwater available. Exteriors repainted in 2014. Main shop building reroofed South section 2014, also other renovations.

Located in Northeastern Pennsylvania, Southeast Wyoming County, Falls Township, PA 18615. Approximately 20-30 minutes away from the core-of-the-core Marcellus shale gas drilling sweet spots in northwest Wyoming County, Bradford and Susquehanna Counties. Tunkhannock, the Wyoming County seat, is 10 minutes away along Route 92 north. Scranton, in Lackawanna County, and Wilkes-Barre in Luzerne County, are 30 minutes away. U.S. Route 6, which is the major east-west artery through the core of northeast Pennsylvania' s Marcellus gas fields, is only 20 minutes. I-81 is 20 minutes away and accessible by two different routes: (1) south to Wilkes-Barre, and (2) east to Scranton.

The property is bounded by the Reading Blue Mountain and Northern Railroad on the west and by State Route 2013 (aka Hoppy Road) on the east and farms on the north and south. A very small part of the Property, in the extreme southeast, is located in Lackawanna County.

Structures

The 17.764 acre parcel contains four commercial buildings totaling roughly 19,990 square feet of floor space not including any second floor office or storage space. All buildings have high ceilings (except for offices, which are 8’) and concrete or asphalt floors as well as large overhead garage doors. Most of the Property (95% /-) is not in the flood zone; see attached Fema Map.

• Main Shop Building, 6,570 /- sq. ft. cement block and brick structure containing three offices; one bathroom; one second story storage area; one 20’ x 30’ work area with overhead garage door; one approximately 52’ x 50’ garage area with floor lift and two approximately 12’ x 12’ and one approximately 14’ x 14’ overhead garage doors. Floors are concrete.

• Large Quonset Hut, 5,640 /- sq.ft. steel Quonset hut structure with 8’ x 8’ lunch/break room and one bathroom and large overhead garage doors on both ends of building. Floors are concrete.

• Open Bay Building, 6,450 /- sq. ft. corrugated steel structure with concrete floors. One approximately 24’ x 13’ second floor office area with interior and exterior stairs and closet; one ground-level storage room with garage door; eight covered equipment bays/material stalls measuring approximately 14’ x 42’ x 15’ high; one approximately 28’ x 32’ second floor storage/warehousing area with asphalt paved floors.

• Small Quonset Hut, 1,330 /- sq. ft. steel Quonset hut structure with one open center bay work area with an approximately 14’ x 14’ garage door and a man-door.

Note: All building area values are approximate and must be verified by buyer.

Power and water were deactivated to the buildings in 2004. Can be restored at Buyer's option. Ample paved area exists for placement of an office trailer and connection to multiple on-site Penelec power poles.

Road Frontage

The Property has approximately 1,375 /- feet of road frontage on SR 2013. Property can be further subdivided and developed.

Water Availability:

Abundant groundwater is available on the Property. Ground water withdrawal for irrigation and other purposes or direct withdrawal from the Susquehanna River (“the River”) is subject to rules and regulations of the Susquehanna River Basin Commission (SRBC).

Railroad

1. The property is bounded on the west by the Reading Blue Mountain and Northern Railroad (“BMNR”) for approximately 1,115 /- feet. The railroad makes 1-2 trips north and south each day with freight. There previously was rail siding. The railroad may be willing to add rail siding or other rail implements for a new owner as it is interested in having the site operational again as evidenced by correspondence from ... BMNR, “…that BMNR is very familiar with the site and has looked upon it for a long time as a potential facility for the Marcellus Shale business.” BMNR indicated there would be no need to install siding until someone actually purchased the site, in which case it would be their responsibility to bear that cost. A buyer would need to confirm with the railroad use of the railroad for shipping and receiving and should not rely on any seller information concerning the railroad. For more information about BMNR, go to their website at http://www.rbmnrr.com/, or call Dennis Shaffer, Vice President Business Development of BMNR ator email him at . Link to "History of the Reading, Blue Mountain, and Northern Railroad" : http://www.rbmnrr.com/history/

Any sale is subject to a mutually agreeable purchase and sale agreement drafted by Seller which shall not be legally binding unless and until fully executed and accepted in writing by both buyer and seller. Seller is under no obligation to continue any negotiations with a prospective buyer, and seller reserves the right to discontinue all negotiations at any time up to the point an agreement is fully executed and exchanged. Buyer may do likewise. Each party shall bear its respective costs incurred during the negotiation process and under no circumstances may seller be held liable as a consequence of its termination of negotiations prior to the execution and exchange of a mutually acceptable purchase and sale agreement.

The sales price is payable 100% in United States dollars. In Seller's sole discretion, Seller may require financial and other buyer prequalification plus a confidentiality agreement before releasing certain information.

Broker Protection Available.