38.4+/- Acres Wabasha County, MN

$5,995,000
Available

Property Details

ID: 78592
Status: Available
Price: $5,995,000
Acres: 38.4
Price Per Acre: $156,120
Type: Commercial
Address: TBD County Rd 67
City, State: Elgin, Minnesota
County: Wabasha
Zip Code: 55932

Description

High Point Land Company is proud to present your chance to own 1 of 3 lucrative mining pits that have been owned and operated by the same family for 3 generations since 1937. The owners have adhered to rigorous safety protocols by virtue of ongoing training resulting in an impeccable safety record. Included for each of these turn-key locations are the permits and approvals necessary to continuing operations on day one of ownership. The third generation owners are retiring and as part of the sale, the equipment may be negotiated for an additional price for the successful buyer of the respective locations. These mines would make for a great opportunity for a local quarry operator, excavator, developer, concrete producer or for anyone looking for the stability of a steady income stream.

Third party independent aggregate resource reports available for each of the respective locations. These reports were conducted utilizing geological and geotechnical resource estimates for both quantities and product type available based on site borings.   Said reports are available upon request with an appropriate NDA execution.  

For more information on this tremendous opportunity, please contact Troy Stafford at 507-259-3047 (email: Troy@highpointlandcompany.com) or Jake Mestad at 507-652-9201 (email: Jake@highpointlandcompany.com).

Property Address: TBD County Rd 67, Elgin, MN 55932 (south of 33707 County Rd 67)

Property Features:

  • Active mining permits and approvals necessary for day one operations
  • 38.4+/- acres with abundant reserves for generations to come
  • Enough processed inventory (bedding sand) for close to one year's operations
  • Quality products sourced through the quarry
  • Reputation for providing outstanding service and product value
  • Equipment for operations available for purchase as negotiated in addition

 

Additional properties available in Kellogg, MN as seen in map 

Directions: From Elgin, go west on County Rd 67 for 2.4 miles and the location will be on the left (south) side.

Additional Details

Additional Info

Rights: Mineral
Troy Stafford
Troy Stafford
Land Specialist
Licensed in IA, MN
(507) 259-3047

Ask Troy a Question

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Troy Stafford
Land Specialist
Licensed in IA, MN
(507) 259-3047
Co Representative(s)
Jake Mestad
High Point Land Company
Ask Troy About This Property

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