• Elk Creek Quarry - 12997 S Elk Creek Rd, Pine, CO 80470

For Sale

Land

For Sale

This property is available for sale
10.48
Acres
$16,000,000
Sale Price
  • Overview

    Recent DOT improvements to the adjacent intersection make access/egress easy onto a significant highway just 18 miles to market. This rare and incredible opportunity to secure a toehold in one of the largest and most lucrative construction markets in the Rocky Mountain Region is immediately available in this offering. Exceptional value like this does not come along often and this offering will not last. Two contiguous parcels (50.62 ac in total) comprised of 10.48 acres recently suspended quarry mining operations (Parcel 1 former Quarry) and the adjacent 40.14 acres immediately behind it (Parcel 2 Residential). GATEWAY – EXPANSION POTENTIAL This offering represents the only significant remaining source of hard, clean, grey commercial crushed ASTM spec quarry aggregate anywhere regionally and represents extraordinary value for the discerning Buyer. The current Owner and Operator had begun pursuit of a MLRB 112© permit to include expanding into the adjacent parcels, (estimated to contain in excess of 32,000,000 of mineable reserves) and beyond, ultimately acquiring additional parcels. Dubbed the Redemption Expansion,(RedEx©), this offers potentially the most prestigious quarry expansion that the Region has seen in almost 50 years. It is primed for success, with an anticipated delivery of up to 5,000,000 and 10,000,000 tons annually to market upon permit approval by the Buyer. Just 18 miles from one of the hottest markets in the United States consuming up to 30,000,000 tons annually (Source USGS 2016) in the metro area areas alone, the potential is obvious. Current Zoning is I3 (Industrial) under the PUD Special Use permit approved in 2006 which includes a permitted use of asphalt and concrete plant in the 10.48 ac Parcel 1.

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Property Details

Recent DOT improvements to the adjacent intersection make access/egress easy onto a significant highway just 18 miles to market. This rare and incredible opportunity to secure a toehold in one of the largest and most lucrative construction markets in the Rocky Mountain Region is immediately available in this offering. Exceptional value like this does not come along often and this offering will not last. Two contiguous parcels (50.62 ac in total) comprised of 10.48 acres recently suspended quarry mining operations (Parcel 1 former Quarry) and the adjacent 40.14 acres immediately behind it (Parcel 2 Residential). GATEWAY – EXPANSION POTENTIAL This offering represents the only significant remaining source of hard, clean, grey commercial crushed ASTM spec quarry aggregate anywhere regionally and represents extraordinary value for the discerning Buyer. The current Owner and Operator had begun pursuit of a MLRB 112© permit to include expanding into the adjacent parcels, (estimated to contain in excess of 32,000,000 of mineable reserves) and beyond, ultimately acquiring additional parcels. Dubbed the Redemption Expansion,(RedEx©), this offers potentially the most prestigious quarry expansion that the Region has seen in almost 50 years. It is primed for success, with an anticipated delivery of up to 5,000,000 and 10,000,000 tons annually to market upon permit approval by the Buyer. Just 18 miles from one of the hottest markets in the United States consuming up to 30,000,000 tons annually (Source USGS 2016) in the metro area areas alone, the potential is obvious. Current Zoning is I3 (Industrial) under the PUD Special Use permit approved in 2006 which includes a permitted use of asphalt and concrete plant in the 10.48 ac Parcel 1.

  • Property Type
    Land
  • Submarket
  • Sale Price
    $16,000,000
  • Total Acres
    10.48
  • Sale Status
    Available
  • Property ID
    2188587

Landlord's Sales Representative

  • Bill Downes
    Evergreen Commercial Group