2330 2650 E Richfield, UT 84701
Estimated payment $11,745/month
Highlights
- 40 Acre Lot
- Views
- No Heating
- No HOA
- Partially Fenced Property
About This Lot
This turnkey operation is a rare opportunity to own a fully-functioning aggregate mine in Central Utah, this business is a consistent producer and with Sevier County forecasted to grow by over 30% in the coming decade, the demand for aggregate products will continue to increase dramatically. The property sale includes over 35 pieces of equipment, a 2.292 AC-FT well right, current inventory, existing accounts, and possible employee transfer. Power is on the lot and with a small office addition the location could become full-service with sales on site. The mine has seen consistent growth over recent years with plenty of opportunity to continue that trend. Over the past three years, production and sales have grown by over 3,000 tons per year, averaging 44,476 tons annually. Last year's gross sales were over $430,000 with healthy margins on the products being offered. The North Gravel Pit operation currently offers 14 different products ranging from state spec. road base to various gravels, sand, crushed products, larger rocks, and boulders. Over 35 different pieces of equipment and machinery are included in the sale meaning the new owners will be able to continue production as normal from day 1. Road access to the pit is excellent with State Route 118 just 1 mile from the pit down a well-maintained gravel road. The pit is just 2.75 miles from main street Richfield and 4 miles from I70 providing paved access throughout Sevier County as well as Central Utah. Utah's economy is thriving and with the expansion of industry/population throughout the state significant growth opportunities exist for the operation. At current levels, conservative numbers have the pit at over 4,260,000 tons of material remaining, with just over 1,160,000 mined over the past 30+ years. Overburden having been removed from a significant portion of the remaining field and current workings only compromise 7-8 acres of the total 40 +/- acre site. JKL Construction has been a trusted name in the Central Utah aggregate business for over 20 years, the opportunity to own a business with such steady growth and healthy margins doesn't come around very often.
Listing Agent
Whitetail Properties Real Estate LLC License #13585042 Listed on: 06/11/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $550
Lot Details
- 40 Acre Lot
- Lot Dimensions are 1360.0x1317.0x1360.0
- Partially Fenced Property
- Property is zoned Commercial, AG
Schools
- Ashman Elementary School
- Red Hills Middle School
- Richfield High School
Additional Features
- Property Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4-203-25,4-203-26
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Pending | -- | -- | -- |
| 09/09/2024 09/09/24 | Price Changed | $2,100,000 | -36.4% | -- |
| 07/29/2024 07/29/24 | Price Changed | $3,300,000 | -5.7% | -- |
| 06/11/2024 06/11/24 | For Sale | $3,500,000 | -- | -- |
Source: UtahRealEstate.com
MLS Number: 2004492
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
- 423 N Highway 89
- 797 N 910 E
- 685 S Annabella Rd Unit 5
- 1942 Sevier Valley Canal Rd
- 1350 E 600 S
- 245 N 700 E
- 605 E 400 N
- 700 N 600 E Unit 2
- 256 N 600 E
- 256 N 600 E Unit 3
- 815 S Annabella Rd
- 509 E 300 N
- 407 E 950 N
- 655 W 85 S
- 343 E 950 N
- 662 E 300 N
- 286 E 850 N
- 265 N 400 E
- 1526 N Black Knoll Rd
- 40 S 400 E