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16774 Hinton Dr - Boca Quarry Property outside Truckee, CA 230 Acres of Commercial Land Offered at $13,833,899 CAD in Truckee, CA 96161

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INVESTMENT HIGHLIGHTS

  • One of most interesting properties for sale in California with lots of income potential.
  • Large infrastructure/site development contractor and a construction materials producer has 10 years remaining on their lease.
  • Tenant pays $6,000/mo. To use water for mining operation.
  • Currently property has County approved right to remove 17,000,000 tons of Aggregate.
  • Lease permits Tenant to remove up to 1 Million tons/yr. at $1/ton paid to land owner.
  • Additional income comes from existing Cell Tower that pays $3,000/mo.

EXECUTIVE SUMMARY

Amazing opportunity to purchase 243 acres of pristine foreest land outside of Truckee, CA. Located just off the 80 Freeway on the way to Lake Tahoe. Income consists of 10 years remaining on Rock Quarry Lease to large infrastructure and site development contractor and a construction materials producer. Cell Tower on the property produces approximately $3,000/mo. income. Additionally, permitted Spring Water Facility that could be leased to a bottling company. Spring produces approximately 200 gallons of fresh, clean water/minute. Currently, Mining company pays $6,000/mo. For water usage when they are mining.

PROPERTY FACTS

Price $13,833,899 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 230.00 AC
Opportunity Zone Yes
Zoning FR-160 - Property has permitted Rock Quarry, Permitted Spring and Permitted Cell Tower.

1 LOT AVAILABLE

Lot

Price $13,833,899 CAD
Price Per AC $60,147.39 CAD
Lot Size 230.00 AC

2 lots totalling 230 Acres in the mountains surrounding Truckee, CA

DESCRIPTION

One of most interesting properties for sale in California with lots of income potential. Currently property has County approved right to remove 17,000,000 tons of Aggregate. Large infrastructure/site development contractor and a construction materials producer has 10 years remaining on their lease. Lease permits them to remove up to 1 Million tons/yr. at $1/ton paid to land owner. During 2024, Tenant paid Seller for removing 400,000 tons of aggregate. Tenant uses this site as one of their main sources of aggregate. Additional income potential comes from existing Cell Tower that pays $3,000/mo.. The permitted spring facility can produce up to 12,000 gallons of delicious water per hour. The new owner could lease these rights to a bottling company. Even at 3 cents per gallon, if bottling company removed 40 loads per week of 7,000 gallons, that would produce net income to the owner of over $400,000/year. Not to mention getting to own 230 acres of prestine forest land just off the 80 freeway on the way to Lake Tahoe.

  • Listing ID: 30308087

  • Date on Market: 2023-12-07

  • Last Updated:

  • Address: 16774 Hinton Dr, Truckee, CA 96161

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