189 S 412 Highway, Kemmerer, WY 83101

$2,950,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,950,000
Price Change
▼ $800,000 1779491562
MLS#
24-202
Acres
40
Region
15 - Other Wyoming
Subdivision
Kemmerer

Property Description

Cumberland Gap, was on a cut-off of the Oregon Trail and small coal mining town (circa 1910) supplying the OSL railroad through the 1930s. It is located about 15 miles south of Kemmerer WY. Cumberland Gap Hearth Stone Inc. is the selling owner of a rock quarry that includes about 7,OOO acres of (40 private), Wyoming State and BLM leased lands subject to recorded mineral claims. CGHS Inc. is a family business that has been in operation for 38 years. The quarry runs year round, to supply architects, residential, commercial builders and road building contractors with high quality rock materials. A highly sought after, beautiful, uncommon sandstone is surface mined from sandstone seams that stretch about 4.5 miles across the high desert ridgelines. CGHS is a wholesaler of other products that include: flag stone, large square boulders, chop stone, cap stone, stair treads and rip rap for road and levee construction. The cut products are loaded on pallets and the sandstone is loaded as large slabs. Each trailer load is about 50,000 pounds or 25 tons. Historically, annual production has been about 5,000 tons per year, with a gross sales value of about $1,100,000. The inventory for future production is limited only by the amount of capital invested in production and availability of labor. The mined acres are reclaimed to industry standards as the quarry operations move. More financial and market demand information, mining leases/permits and quarry reserve estimates are available from the owner. The rock processing building & shipping yard are on leased land (est. 3 acres), the lease is negotiable. The mining heavy equipment is available for purchase at market prices, list prepared by owner.

Additional Information

Acres
40
Water
None
Sewer
None
Horses Allowed
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jackson Hole Sotheby's International Realty.