Coldwell Banker Craig Properties
Tbd Homestead Road
Edgar, MT 59026

$6,000,000

Description

For the past 10 yrs, the owner has been a father/son team with a 5 acre "small mining" permit on 120 deeded acres with patented claims on government minerals. The 32' of overburden is removed to harvest the 10' strata of dimensional rock that is sold and used to build within the landscaping market. Sales have ranged between $200,000-$400,000. An efficient business model expansion would utilize the rock available in the overburden by screening and crushing the rock to make it marketable in gravel and zero/hardscape applications. Also expanding market share of the dimensional stone would provide a lucrative opportunity for any investor interested in 80% margins.

Details

MLS#322206
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site149

Features

Story(s)0

Loading Form

Loading Form

Area Information

StateMT
CountyCarbon
CityEdgar
Zip Code59026
AreaOther Counties/State
Subarea12M - Other Montana Counties
Listing VS Median (in 59026)
Price:
$6,000,000
low | high
Med:
$3,700,000
88.333333333333% of Average
On Site:
149
low | high
Med:
168
88.690476190476% of Average
Listing Updated: 12/09/2018
MLS Number: 322206
Listing Provided By:
Vinny Delgado  of  Fay Ranches
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 
Real Estate Links Our Domains