14647 State Route 511 - Industrial LAND FOR SALE


Oberlin, OH 44074 2,439,360 SF
$6,500,000 USD
216-245-5478
14647 State Route 511, Oberlin, OH for Sale
$6,500,000 USD
Industrial LAND - FOR SALE
1/13
2,439,360 SF

14647 State Route 511
Oberlin, OH 44074


HIGHLIGHTS

  • Quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area.
  • 400 million tons of premium sandstone
  • Includes water and mineral rights, and potential for further development.

OVERVIEW

Kipton Quarry is a prominent provider of high-quality sandstone products, operating a substantial open-pit quarry in north-central Ohio. The quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area. The Berea Formation provides estimated reserves of up to 400 million tons of premium sandstone. The business operates with a streamlined workforce, ensuring a lightweight and efficient operation. However, with a modest expansion to the workforce and the implementation of additional operational resources, the quarry's output and revenue could be increased tenfold. This scalability highlights the significant growth potential and operational efficiency of Kipton Quarry, making it a compelling investment opportunity with the capacity for substantial output expansion.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/ACRE

$116,071/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Kipton Quarry

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Mixed Use, Cement/Gravel Plant, Hold for Development, Hold for Investment

LAND ACRES

56 AC

LAND SF

2,439,360 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Industrial

APN/PARCEL ID

13-11-006-000-014

ASK ABOUT THIS PROPERTY

Wesley PurvisBerkshire Hathaway Professional RealtyMore Info
216-245-5478

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Wesley PurvisBerkshire Hathaway Professional RealtyMore Info
216-245-5478

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.