Search
Mining Land with Mineral Rights
New
For Sale
$61,000

Trace Fork DB 229 DP 267, Gunlock, KY 41632

Land, Gunlock, KY

Property SizeContact for details
Lot Size45.20 Acres
Days on Market5

Property Features for Trace Fork DB 229 DP 267

General Information

Property type Land
Property subtype Other
Lot features Undeveloped Land, Hillside Acreage Included
Elementary school South Magoffin
Middle school Herald Whitaker
High school Magoffin County
Directions From the intersection of RT 460/114, travel RT 114 west for 2.9 miles to Exit 75. At bottom of ramp turn left. Travel RT 7 south for 14.6 miles. Turn right onto RT 542. Go 3.0 miles and turn left onto RT 1502 south. Travel 1/2 mile and turn left onto Jake Wireman Road. Go 1/2 mile and turn left up hill. Follow coal road 6/10 mile and turn left over hill. Travel 2/10 mile and take the road that goes right. When you come to two big piles of boulders, there is a crevice (ditch) just beyond the rocks. The property begins just beyond that ditch.
Subdivision Magoffin
Standard status Active
Lot size 45.20 Acres
Listing Agency: First Choice Realty & Assoc.
Listed By: Doug Wireman
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 26 at 7:06AM
MLS# 129383

Copyright © 2026 Eastern Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 45.2-acre tract in Southern Magoffin County is undeveloped and includes forested land alongside areas previously strip mined for coal. The property conveys all mineral rights identified in the listing, including coal and gas.

Recreational activities noted for the tract include four-wheeling, hiking, hunting, and camping. Deer, turkey, rabbit, and squirrel are identified as available game. The property is approximately 1/2 mile from the nearest residence with water and electric. It is located at Trace Fork in Gunlock, Kentucky 41632, near coordinates 37.56415, -82.95750.

Key Highlights

  • 45.2 acres of undeveloped mining land
  • All mineral rights convey, including coal and gas
  • Forested areas remain on the property

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Mining land & claims

Location Intelligence

Demographics for 41632, KY

400
Population
265
Households
1.5
Avg Household Size
49
Median Age
2%
College-Educated
68%
High-School Grad
32.7 sq mi
ZIP Area
12
Density / Sq Mi
$25,455
Median Household Income
$50,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mining land & claim - Undeveloped acreage with forested areas, recreational use potential, and coal and gas mineral rights.
Where is this mining land & claim located?
The property is located at Trace Fork DB 229 DP 267 Gunlock, KY.
What is the asking price?
The asking price for this property is $61,000.
What are key features of this property?
This property features: 45.2 acres of undeveloped mining land; All mineral rights convey, including coal and gas; Forested areas remain on the property
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message