39160 220th St, Alpena, SD 57312

$4,500,000
List Price
$4,500,000
Status
Active
MLS#
21907058
Lot Size
6,120,180
Region
Outside MLS Jurisdiction

Property Description

Gravel Pit With Potential for 20 Million Tons of Reserves. This 141 acre parcel contains an active gravel operation based on a 12 acre pond with significant proven reserves of aggregates. The raw materials are dragged to the surface of the pond, deposited on-site and processed into rock and high grade gravel that is certified for any state project. The operation has existed for 15 years and sells primarily to 25 repeat customers. All aspects of the quarrying operation have been contracted out except the loading of the finished product and weighing of inbound and outbound trucks. This part-time operation could easily be expanded into a full-time venture that could increase production significantly. With the recent rains in South Dakota, private contractors, townships, counties and the state are creating a demand for the finished product for graveling roads. Production for this part-time business has averaged approximately 75,000 tons per year. Tillable ground is also available.

Additional Information

School District
Huron
Middle School
Huron MS
High School
Huron HS
Elementary School
Buchanan ES
Acres
140.5
Additional Structure
Other
Fencing
None
Lot Dimensions
Irregular
Lot Size
6,120,180
Possession
Immediate
Road Frontage
County
Road Surface
Black Top
Sewer
Septic at Site
Subdivision
Other - Outside Jurisdiction
Utilities
None
Water
Well at Site
Zoning
Agriculture

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Jim Shaeffer, Midwest Land Group LLC.


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