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Rock, Sand and Gravel extraction site for lease 5 or 10 acre site available.---------- Term of the lease can be 1 , 5 , 10 years with options available.--------Lease for the 10 Acres equates to $3.00 per square foot of ground per year. A large operation of 10 acres equals 435,600 square feet of ground. A smaller operation of 5 acres equals 217,800 square feet of ground. --------------- Estimated yield of granite material is 200,000 tons per acre of material. ------------- Cost for a 10 acre ground lease is $1,306,800.00 per year or $108,900.00 per month. Cost for a 5 acre ground lease is $653,400.00 per year / $54,450.00 per month. ------------- Lease term will end at the expiration of the term or when there is no more material to extract. ---------- Water available (Private source), Parking area available both included in lease. The extraction site is on a farm and has been in operation since the 1930's. ------------- Lessee will be responsible for the engineering study of the granite for their specific uses, state certifications etc. This is a ground lease for extraction operations. The parent material is Bulgarmarsh Granite (per USGS studies). This site is also a terminal moraine with intrusions of Fall River Granite------------ The material is valuable as - Seawall stones, Wall Stone, Rip Rap (3/4 - 12" +/-) Sand and Gravel , Stone dust and more. ---------- Bring your excavators, loaders, crushers, screeners and trucking equipment * start digging for dollars.

Property Details of 580 - R Highland RD, Highlands

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Listed by Thomas Chace of Century 21 Topsail Realty

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