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    580 Highland Road

    Tiverton, RI 02878
    • $3
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 1278538
    UPDATED: 53 min ago
    $3
    • 0
      BEDS
    • 10
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Description

    Rock, Sand and Gravel extraction site for lease 5 or 10 acre site available.---------- Term of the lease can be 1 , 5 , 10 years with options available.--------Lease for the 10 Acres equates to $3.00 per square foot of ground per year. A large operation of 10 acres equals 435,600 square feet of ground. A smaller operation of 5 acres equals 217,800 square feet of ground. --------------- Estimated yield of granite material is 200,000 tons per acre of material. -------------Cost for a 10 acre ground lease is $1,306,800.00 per year or $108,900.00 per month. Cost for a 5 acre ground lease is $653,400.00 per year / $54,450.00 per month. ------------- Lease term will end at the expiration of the term or when there is no more material to extract. ---------- Water available (Private source), Parking area available both included in lease.The extraction site is on a farm and has been in operation since the 1930's. -------------Lessee will be responsible for the engineering study of the granite for their specific uses, state certifications etc.This is a ground lease for extraction operations. The parent material is Bulgarmarsh Granite (per USGS studies).This site is also a terminal moraine with intrusions of Fall River Granite------------The material is valuable as - Seawall stones, Wall Stone, Rip Rap (3/4 - 12" +/-) Sand and Gravel , Stone dust and more. ---------- Bring your excavators, loaders, crushers, screeners and trucking equipment * start digging for dollars.

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Dave T Team @ RE/MAX Central are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dave T Team @ RE/MAX Central. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-13T18:37:47.967.
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    580 Highland Road Tiverton, RI 02878

    • Price: $3
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 1278538
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10
    Acres
    1930
    Built
    Neighborhood:
    Highlands
    County:
    Newport
    Area:
    Tiverton
    Property Description
    Rock, Sand and Gravel extraction site for lease 5 or 10 acre site available.---------- Term of the lease can be 1 , 5 , 10 years with options available.--------Lease for the 10 Acres equates to $3.00 per square foot of ground per year. A large operation of 10 acres equals 435,600 square feet of ground. A smaller operation of 5 acres equals 217,800 square feet of ground. --------------- Estimated yield of granite material is 200,000 tons per acre of material. -------------Cost for a 10 acre ground lease is $1,306,800.00 per year or $108,900.00 per month. Cost for a 5 acre ground lease is $653,400.00 per year / $54,450.00 per month. ------------- Lease term will end at the expiration of the term or when there is no more material to extract. ---------- Water available (Private source), Parking area available both included in lease.The extraction site is on a farm and has been in operation since the 1930's. -------------Lessee will be responsible for the engineering study of the granite for their specific uses, state certifications etc.This is a ground lease for extraction operations. The parent material is Bulgarmarsh Granite (per USGS studies).This site is also a terminal moraine with intrusions of Fall River Granite------------The material is valuable as - Seawall stones, Wall Stone, Rip Rap (3/4 - 12" +/-) Sand and Gravel , Stone dust and more. ---------- Bring your excavators, loaders, crushers, screeners and trucking equipment * start digging for dollars.
    Exterior Features

    Frontage Length 100 Lot Features Wetlands Parking Total 10

    Property Features

    Community Features Highway Access Electric 3 Phase Inclusions None Land Lease YN No Listing Terms Lease Option Operating Expense 0 Property Sub Type Commercial Road Surface Type Asphalt Sewer None Tax Annual Amount 6307 Tax Assessed Value 389600 Tax Lot 112 Tax Year 2020 Tenant Pays All Utilities Utilities Natural Gas Not AvailableSewer Not AvailableWater Available Water Source Private Zoning Farm

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Century 21 Topsail Realty.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Dave T Team @ RE/MAX Central are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dave T Team @ RE/MAX Central. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-13T18:37:47.967.
     
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    Dave T Team @ RE/MAX Central
    37 Sandy Bottom Rd
    Coventry RI, 02816