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Industrial

Route 333 - Stone Quarry, Mifflintown, PA.

152 Hawstone Rd, Lewistown, PA, USA, Lewistown, PA 17044

Listing Price: $2,000,000

Lot Size
249.85 acres
Price/Acre
$8,005
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present: Route 333, Mifflintown, PA.
17059. APN 09-07-012 & 09-07-012 The subject property is a 272.32
acre tract of land location on Hawstone Rd. with the closest neighboring
property address being 152 Hawstone Rd. Lewistown, PA.
The subject property is known as Trioplus Quarries which is permitted
for small Non-Coal (Industrial Minerals) Surface Mine. The current permit is for 5.0 acres. The current permittee may conduct noncoal surface
mining activities only within the area of the approved application.
The Trioplus resource area is located in Milford Township, Juniata
County, also along the northern flanks of Blue Mountain. Blue Mountain in this area is the result of the creation of anticlinal structure
with the axis of the fold trending in a northeast-southwest orientation.
All bedding is steeply dipping and nearly vertical toward the northwest.
Three formations have been identified on the property. These formations,
in descending stratigraphic order, are the Rose Hill, Tuscarora, and Juniata formations. Because of the anticlinal structure, the Juniata formation
is near the top of the mountain while the Rose Hill formation is located
along the base of the mountain, near the northern property boundary.
From the interpretation of the geologic mapping available for the site, the
majority of the property is underlain by the Tuscarora formation. Each of
the formations are described as follows.
Rose Hill formation - olive to medium gray shale with interbeds of medium grayish red fine-grained sandstone units in the upper portion with an
average thickness of 950 feet. Tuscarora formation - light gray quarzitic
sandstone with a maximum thickness of 1,500 feet
Juniata formation - brownish to grayish red sandstone, siltstone, and
shale maximum thickness of 1,125 feet.
INVESTMENT HIGHLIGHTS
Turn Key Surface Mining Operation
High Barriers to Entry Due to Permits
Fully Approved Permit
5.0 Acres Approved out of the 272.32 AC
ROUTE 333 QUARRY
Executive Summary
Mineral Type Acreage Denity Factor Cubic Yards Tonnage
Broken 213.6 95 2,068,000
Solid 213.6 150 56,781,534 114,982,606
Total - - 58,849,634 117,634,816
ROYALTY RATE
Discount Factor 5.00% 6.00% 7.00%
8.00% $2,205,007.46 $2,646,008.95 $3,087,010.44
10.00% $1,881,085.05 $2,257,302.06 $2,633,519.06
12.00% $1,625,532.58 $1,950,639.10 $2,275,745.61
Trioplus Group Site Mineral Resource
Summary
Net Present Value Sensitivity Analysis
Summary
*

Investment Highlights

  • Turn Key Surface Mining Operation
  • High Barriers to Entry Due to Permits
  • Fully Approved Permit

Exclusively Listed By

Industrial

Route 333 - Stone Quarry, Mifflintown, PA.

Listing Price: $2,000,000

Lot Size
249.85 acres
Price/Acre
$8,005
Land Type
Redevelopment

Investment Highlights

  • Turn Key Surface Mining Operation
  • High Barriers to Entry Due to Permits
  • Fully Approved Permit

Investment Overview

Marcus & Millichap is pleased to present: Route 333, Mifflintown, PA.
17059. APN 09-07-012 & 09-07-012 The subject property is a 272.32
acre tract of land location on Hawstone Rd. with the closest neighboring
property address being 152 Hawstone Rd. Lewistown, PA.
The subject property is known as Trioplus Quarries which is permitted
for small Non-Coal (Industrial Minerals) Surface Mine. The current permit is for 5.0 acres. The current permittee may conduct noncoal surface
mining activities only within the area of the approved application.
The Trioplus resource area is located in Milford Township, Juniata
County, also along the northern flanks of Blue Mountain. Blue Mountain in this area is the result of the creation of anticlinal structure
with the axis of the fold trending in a northeast-southwest orientation.
All bedding is steeply dipping and nearly vertical toward the northwest.
Three formations have been identified on the property. These formations,
in descending stratigraphic order, are the Rose Hill, Tuscarora, and Juniata formations. Because of the anticlinal structure, the Juniata formation
is near the top of the mountain while the Rose Hill formation is located
along the base of the mountain, near the northern property boundary.
From the interpretation of the geologic mapping available for the site, the
majority of the property is underlain by the Tuscarora formation. Each of
the formations are described as follows.
Rose Hill formation - olive to medium gray shale with interbeds of medium grayish red fine-grained sandstone units in the upper portion with an
average thickness of 950 feet. Tuscarora formation - light gray quarzitic
sandstone with a maximum thickness of 1,500 feet
Juniata formation - brownish to grayish red sandstone, siltstone, and
shale maximum thickness of 1,125 feet.
INVESTMENT HIGHLIGHTS
Turn Key Surface Mining Operation
High Barriers to Entry Due to Permits
Fully Approved Permit
5.0 Acres Approved out of the 272.32 AC
ROUTE 333 QUARRY
Executive Summary
Mineral Type Acreage Denity Factor Cubic Yards Tonnage
Broken 213.6 95 2,068,000
Solid 213.6 150 56,781,534 114,982,606
Total - - 58,849,634 117,634,816
ROYALTY RATE
Discount Factor 5.00% 6.00% 7.00%
8.00% $2,205,007.46 $2,646,008.95 $3,087,010.44
10.00% $1,881,085.05 $2,257,302.06 $2,633,519.06
12.00% $1,625,532.58 $1,950,639.10 $2,275,745.61
Trioplus Group Site Mineral Resource
Summary
Net Present Value Sensitivity Analysis
Summary
*

Exclusively Listed By

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