Pierce County
Active Mineral Mine With High Quality Tillable Production Land In Northwest WI
Highway 10, Lot#WP01 Salem, WI 53168
Description
I have not seen this combination of quality tillable production land and active mineral mining, come on the market in this region. This property has multiple ways to pay the owner handsome cash flow. Minerals exist under much of the tillable land and the county is actively mining and crushing gravel with significant annual cash revenue for the owner. This is a solid opportunity to put your cash into a stable investment that is paying handsome returns. Call me for a tour today.
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- Active mining is taking place with 4 more years left in the current lease
- Approx. 87 acres of tillable land paying $150/acre in cash rent, additional estimated $25,000 in lease payments per year
- Pierce county highway department has a contract with the lease owners to crush gravel
- The valley also has some tremendous hunting so the corners of the property surely see some nice trophies
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For more information or to see additional properties currently for sale see Neil Hauger's listings.