2330 E 2650 N Richfield, UT 84701

The land / lot for sale at 2330 E 2650 N Richfield, UT 84701 has been listed at $2,100,000 and has been on the market for 317 days.

This turnkey operation is a rare opportunity to own a fully-functioning aggregate mine in Central Utah, this business is a consistent producer and with Sevier County forecasted to grow by over 30% in the coming decade, the demand for aggregate products will continue to increase dramatically. The property sale includes over 35 pieces of equipment, a 2.292 AC-FT well right, current inventory, existing accounts, and possible employee transfer. Power is on the lot and with a small office addition the location could become full-service with sales on site. The mine has seen consistent growth over recent years with plenty of opportunity to continue that trend. Over the past three years, production and sales have grown by over 3,000 tons per year, averaging 44,476 tons annually. Last year's gross sales were over $430,000 with healthy margins on the products being offered. The North Gravel Pit operation currently offers 14 different products ranging from state spec. road base to various gravels, sand, crushed products, larger rocks, and boulders. Over 35 different pieces of equipment and machinery are included in the sale meaning the new owners will be able to continue production as normal from day 1. Road access to the pit is excellent with State Route 118 just 1 mile from the pit down a well-maintained gravel road. The pit is just 2.75 miles from main street Richfield and 4 miles from I70 providing paved access throughout Sevier County as well as Central Utah. Utah's economy is thriving and with the expansion of industry/population throughout the state significant growth opportunities exist for the operation. At current levels, conservative numbers have the pit at over 4,260,000 tons of material remaining, with just over 1,160,000 mined over the past 30+ years. Overburden having been removed from a significant portion of the remaining field and current workings only compromise 7-8 acres of the total 40 +/- acre site. JKL Construction has been a trusted name in the Central Utah aggregate business for over 20 years, the opportunity to own a business with such steady growth and healthy margins doesn't come around very often.

General Information

Inclusions

• Fenced: Part
• Terrain: Flat
• Electricity Available

Garage and Parking

• Garage Spaces:

Price History

LOVE THIS HOME?

Schedule a showing with a buyers agent

Kristopher
Larson

801-410-7917

Thank you! Your message has been received.

Oops something went wrong your message was not sent please call us.

Hello, I'd like more information about the listing I found on BestUtahRealEstate.com at 2330 E 2650, Richfield, UT

Address: (required)

I agree to receive marketing and customer service calls and text messages from Best Utah Real Estate. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service

Request Info

Schools

Walk Score

0

Car-Dependent

Transit Score

0

Minimal Transit

Bike Score

27

Somewhat Bikeable

This area is Car-Dependent - very few (if any) errands can be accomplished on foot. Minimal public transit is available in the area. This area is Somewhat Bikeable - it's convenient to use a bike for a few trips.

Other Property Info

• Zoning: Commercial
• State: UT
• County: Sevier
• This listing is courtesy of:: Zeb White Whitetail Properties Real Estate LLC.

Utilities

• Electricity Available

This data is updated on an hourly basis. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. If you need more information on this property please email kris@bestutahrealestate.com with the MLS number 2004492.

PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.