Sold
Active Mineral Mine With High Quality Tillable Production Land In Northwest WI
Acreage
150.31 ±
County
Pierce
SOLD
Address Highway 10, Lot#WP01 Salem, WI 53168
View on Google MapsDescription
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.
Details
- 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
Summary
Fencing
Partial
Features
Wild Game, Whitetail, Investment, Minerals, Gravel/Rock/Stone, Big Game, Roads, Road Frontage, Highway, Fence, Partial Fence, Fence Material, Wire, Tillable / Production Acres, Corn, Soybeans, Area Features, Public Hunting, Boat Ramp, Public Fishing, Public Access Area, Marina, RV Park, Camping/Campground, Golf Course, Airport, Seller's Mineral Rights Convey, Wild Game, Whitetail, Investment, Minerals, Gravel/Rock/Stone, Big Game, Roads, Road Frontage, Highway, Fence, Partial Fence, Fence Material, Wire, Tillable / Production Acres, Corn, Soybeans, Area Features, Public Hunting, Boat Ramp, Public Fishing, Public Access Area, Marina, RV Park, Camping/Campground, Golf Course, Airport, Seller's Mineral Rights Convey
Land Type
Hunting and Recreational, Timberland
Property Type
Recreational Land, Timberland, Hunting Land
Road Frontage
State Highway
Improvements/Features
Big Game, Seller's Mineral Rights Convey
Land and Farm Property Types
Land - Hunting, Land - Recreational, Timberland - Natural
Other Property Details
Coordinates
44.6873, -92.351
Annual Taxes
$2,431
Sold Property
For more information or to see additional properties currently for sale see Neil Hauger's listings.