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Tom Garuccio
tom@garucciogroup.com$ 5,500,000
Est. payment | /mo
56 Acres Lot
$ 5,500,000
Est. payment | /mo
56 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Camden 11
MLS Listing ID 5090097
HOA Y/N No
Year Built 2005
Annual Tax Amount $18,555
Tax Year 2023
Lot Size 56.000 Acres
Acres 56.0
Property Sub-Type Industrial
Property Description
Kipton Quarry presents a robust investment opportunity within the desirable Berea Formation with its extensive sandstone reserves and a unique spring water asset. The quarry's advanced operations, diverse product offerings, and potential for growth make it a compelling proposition for investors seeking to capitalize on both the sandstone and bottled water industries.
Quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area.
400 million tons of premium sandstone.
Includes water and mineral rights, and potential for further development.
Three buildings-Large building-8,400 SF, Small building-900 SF, Office building- 412 SF.
Includes water and mineral rights, and potential for further development
Sandstone Slabs: Custom-cut for landscaping and architectural applications.
Sandstone Blocks: Various types for erosion control.
Aggregate Stone: For driveways, landscaping, and commercial developments.
Petroleum Cores: Supplied globally for oil and gas industry testing. These cores are highly valuable and essential for accurate geological analysis and testing, a process uniquely supported by the exceptional quality of Berea sandstone.
Quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area.
400 million tons of premium sandstone.
Includes water and mineral rights, and potential for further development.
Three buildings-Large building-8,400 SF, Small building-900 SF, Office building- 412 SF.
Includes water and mineral rights, and potential for further development
Sandstone Slabs: Custom-cut for landscaping and architectural applications.
Sandstone Blocks: Various types for erosion control.
Aggregate Stone: For driveways, landscaping, and commercial developments.
Petroleum Cores: Supplied globally for oil and gas industry testing. These cores are highly valuable and essential for accurate geological analysis and testing, a process uniquely supported by the exceptional quality of Berea sandstone.
Location
State OH
County Lorain
Interior
Heating Electric
Fireplace No
Exterior
Present Use Commercial,Industrial,Other
Schools
School District Firelands Lsd - 4707
Others
Tax ID 13-11-006-000-014
Acceptable Financing Other
Listing Terms Other
Listed by Wesley Purvis • Berkshire Hathaway HomeServices Professional Realty • wes@purvisre.com 216-245-5478
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "