42617 Hovatter Road Unit -, Salome, AZ 85348

$6,000,000

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List Price
$6,000,000
Days on Market
505
Status
ACTIVE
MLS#
6849388
City
Salome
Lot Size
4,502,472
Subdivision
400 Total Acres

Property Description

ROCK-SOLID INVESTMENT | OWN AN ESTABLISHED AGGREGATE AND MINERAL MINE! SITE FEATURES: • Independently owned turnkey aggregate mine with unobstructed access and use • 400 TOTAL acres - See ''Private Remarks'' for ALL parcels • Operational since 1896, patented in 1904 • Land surrounded by BLM and over 2 miles from the nearest home • Potential 150 million minable tons • 20 Patented claims • ADOT-approved materials site • Currently zoned RA-40 with state mining permits and zoning permitting various industrial uses including cement, asphalt, mineral and heavy metal recovery plans and inert materials landfill • Off-grid 640-sf housing on property converts easily to office • Located between US 60 and I-10 on Hovatter Roa " Near rail service and strong growth of Phoenix West Valley " Due Diligence Documents Available ADDITIONAL OPPORTUNITIES/USES " Mineral mining - The Rio del Monte is one of the few remaining unexplored gold-silver deposits in southern Arizona. It contains several shallow exploration targets which can be evaluated by relatively inexpensive percussion drilling methods. The high silica content of the gold-silver mineralization means that the copper smelters in Arizona may purchase the production for smelter flux provided it meets their specifications. In my opinion the Rio del Monte is a gold-silver deposit which merits further exploration. Source: Ted H. Eyde [Registered Geologist], Dan Eyde, Mark Johnson | 11/30/82 Version " Potential airstrip with 5,000 FT already outlined " Ability to maintain milling and storage facilities " Could make good horse property Demographics 10 Miles 30 Miles 50 Miles Population 1,621 3,977 19,005 Average Age 65.2 66.2 55.3 Average HH Income $61,420 $67,079 $72,543 Employed Population 336 979 6,320

Additional Information

Elementary School
Salome Elementary School
High School
Salome High School
Middle School
Salome Elementary School
Acres
103.36
Electric
Solar
Horses
Yes
Lot Size
4,502,472
New Financing
Cash, Conventional, 1031 Exchange
Lot Features
Borders Preserve/Public Land, See Remarks
Sewer
See Remarks
Subdivision
400 Total Acres
Taxes
$1,022
Tax Year
2024
Vegetation
Natural Vegetation, Low Desert
Water
Private, See Remarks
Zoning
RA-40

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Listing courtesy of ProSmart Realty.

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