EMERALD HILLS GRAVEL PIT
**** AUCTION EXTENDED ****
NOW EVEN MORE ACREAGE
**MILLIONS OF CU YDS OF MATERIAL**
ONLINE ONLY AUCTION
BIDDING BEGINS TO END ON
Monday, August 2, 2021 @ 1 PM (MST)
(DUE TO THE ADJUSTED SIZE OF THIS PROPERTY THE AUCTION DATE HAS BEEN MOVED TO AUGUST 2nd, 2021 IN ORDER TO ALLOW BUYERS AMPLE TIME TO REVIEW THE AMENDED INFORMATION)
***INSPECTION BY APPOINTMENT ONLY***
REGISTER & BID @ RENOBABCOCK.COM
OUTSTANDING INVESTMENT OPPORTUNITY
** VIRTUALLY IMMEDIATE CASH FLOW **
ORIGINALLY OFFERED AS 56.7 ACRES OF DEQ PERMITTED OPEN CUT GRAVEL MINE IS NOW 120+/- ACRES CONTAINING EVEN MORE MATERIAL RESERVES - DEQ PERMIT #21 - SUBSTANTIAL DEPOSITS THROUGHOUT THE REMAINDER OF THE PROPERTY AS WELL - ONLY MINUTES AWAY FROM BILLINGS BYPASS PROJECT.
(ATTENTION: PROPERTY SELLS AS IS/WHERE IS SO BUYERS ARE RESPONSIBLE FOR CONDUCTING THEIR OWN RESEARCH!! We make every effort to provide thorough and accurate information that we believe to be true, gathered from trusted sources BUT IS NOT GUARANTEED!!!)
MATERIAL RESERVES: According to the MONTANA DEQ OPEN CUT PERMIT #: 21, AMENDMENT #: 2, Filed February 6, 2013, the permitted area of 56.7 acres contained reserves of 2.7 Million Cubic Yards of material. Annual Production Reports indicate that approximately 4700 Cubic Yards of material have been removed to date, leaving nearly all of the reserves in place. There are also substantial material reserves throughout the remaining unpermitted acreage. Core sample information available in the DEQ report indicate a material depth of 40 feet with 60+ acres remaining untouched. There are two main access roads. One is entirely contained within the property. The other crosses through a radio tower site with a right of way agreement in place. Easements are also in place to facilitate access to Old Hardin Rd as well as the interstate.
VIRTUALLY IMMEDIATE CASH FLOW: Upon purchase of the property, seller "re-assigns" the DEQ permit to the new owner. New owner files the appropriate reclamation bond and commences operations.
POTENTIAL FUTURE USE: Topography consists of high flat bluffs and outcroppings, dropping off into sweeping hills and stretching out to bottom land. Looking east from the property provides one of the best natural panoramic views in the greater Billings area!! A very conservative current price per acre for bare land in the area is around $15,000 with some properties in the immediate area selling for well in excess $50.000 an acre. Just utilizing the bottom end of the scale puts the property at $1,800,000.00.
Each scenario on its own has great investment value. Combine them and it is an
INCREDIBLE INVESTMENT OPPORTUNITY!!!
TAX CODES: C04382/C04383/C04384/C04385/C04388/D06540/D06538
FOR ONSITE INSPECTION CONTACT RENO - 406-694-6839.
PROPERTY SELLS SUBJECT TO OWNER'S CONFIRMATION
REGISTER TO BID BY CREATING AN ACCOUNT, THEN READING & AGREEING TO THE TERMS & CONDITIONS IN LOT 1. AUCTIONEER WILL CONTACT PROSPECTIVE BIDDERS AT THIS POINT. TO BE APPROVED FOR BIDDING, BIDDER MUST BE ABLE TO PROVIDE WRITTEN BANK VERIFICATION OF FUNDS/CREDIT AVAILABILITY.
Please read and review
the contract thoroughly prior to bidding on any property. If you have not read and
reviewed the Contract for Sale of Real Property, Do Not Bid!