ZENITH ROAD, WV 24941 (MLS# 17-1905)

Ash-Lou/Lugar Springs Farm, Gap Mills, Monroe County, WV HIGHLIGHTS • One of the area's largest farms deeded at 848 acres • Shares over one mile of boundary with the Jefferson National Forest • ¾ mile road frontage on Zenith Road • 501 acres of mature forestland – high quality Appalachian hardwoods (veneer potential) • 227 acres of pasture composed of native bluegrass, timothy and clover • 71 rich cropland acres presently in corn • A proven natural mountain spring supplies water to the tenant house • Public water at the Farm house • Miles of forest trails for hiking, horseback riding and ATV adventure • Exceptional songbird population including neo-tropicals, woodpeckers, owls, and hawks • Resident wildlife population density is unrivaled with rabbit, squirrel, deer, bear & turkey • Stock ½ acre pond with bass, bluegill and catfish • Barn, large shop building, farm house and tenant house FOREST/TIMBER RESOURCES Ash Lou-Lugar Springs Farm's timber resource is composed of unusually high quality Appalachian hardwoods. This well managed timber resource can provide a great deal of flexibility to the next ownership in terms of potential harvest revenue and can be managed to provide cash flow opportunities to offset holding cost and long-term asset appreciation. Capital Timber Value of the timber and pulpwood has not been determined. Species composition: The forest's predominately well-drained upland terrain has led to a resource dominated by hardwood species. Overall, the species composition is highly desirable and favors Appalachian hardwood types, consisting primarily of: • Black Cherry • Sugar Maple • Poplar/Cucumber/Basswood • Red Oak Group • White Oak/Chestnut Oak • Soft Maple • Hickory • Ash • As well as a host of associate species ( black walnut, birch, beech) AGRICULTURAL RESOURCES There are approximately 298 acres of open land composed of •227 acres of excellent grassland suitable for grazing composed of native bluegrass, timothy and clover •71 rich cropland acres presently in corn. Fencing is good in most places and is adequate to turn cattle. WILDLIFE The farm has a mixture of hayfields/pasture, mature forest and abandoned farm fields, coupled with the abundant water supply from the pond, creeks and springs, which creates the perfect wildlife habitat. The miles of "edge effect" created between field and forest is the perfect habitat for all the resident wildlife. The edges create a miles long wildlife food plot. White tail deer, wild turkey, squirrel, rabbit, raccoon, fox and many species of songbirds, owls and raptors make up the resident wildlife population. The hardwood forest provides the essential nutrient source and produces tons of hard mast including acorns, hickory nuts, beech nuts and black walnuts. Soft mast includes stag horn sumac, black cherry, tulip poplar seeds, maple seeds, autumn olive berries and blackberries. WATER The farm is blessed with year-round water sources. Several large hollows, many ephemeral streams flow during rain events and snow melt in the spring create topographic relief throughout the property. There is a nice pond stocked with bass, bluegill and catfish and kids of all ages have fun fishing and skipping stones across the pond. Several large bullfrogs enjoy the pond as well and their nightly singing is a welcome sound. There are two other smaller farm ponds as well. ***** A huge natural mountain spring that flows year round and provides water to the tenant house. The flow rate in gallons per minute is not readily known. There is city water available to the Farm house. MINERAL RESOURCES The owner has chosen not to lease out any mineral-oil and gas rights and all rights the owner has will convey with the property. UTILITIES Water: Spring and public Sewer: Septic Telephone: Frontier Internet: Frontier Cellphone Coverage: Good to fair ZONING There is currently no county zoning in this area of Monroe County. All prospective purchasers are encouraged to contact the Monroe County Health Department for answers regarding installation of septic systems and water wells. Further information on county zoning may be answered by contacting the Monroe County Commission. LAND USE SUMMARY (As determined from aerial photography) Cultivation: 71.3 acres +/- Forestland: 501.3 acres +/- Pasture/Field/Open: 205.4 acres +/- Pond: 0.6 acre +/- (there is an additional smaller pond) Type-Changing: 21.8 acres +/- Total of aerial photography areas digitized: 800.4 acres +/- (This summary is only an estimation of current property use as determined from aerial photography. It is made subject to the estimation of property boundaries and any errors in the interpretation of land use type from the aerial photography utilized.) LOCATION, LEGAL INFORMATION Monroe County, West Virginia Elevation Range: 2570 ft. to 3629 ft. Coordinates (NAD83): 37.528751N, 80.432633W Deed Acreage: 848.32 Acres, more or less Road Frontage: 3/4 mile +/- of frontage on Zenith Road, WV RT 15 Easements: Each of the tracts acquired by the Town of Union has an associated "15 feet right-of-way easement as shown on said plat which proceeds from County Route 15 through the property of Lugar Lumber Company." The Town of Union further has easements and rights associated with the water lines as described in Deed Book 218 Page 179. The property is being sold by the boundary and not by the acre.