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Investment Highlights

  • Adjacent to Rail, Heavy Power

Executive Summary

Unlock the potential of a vertically integrated slate operation in Amador County, CA. This ±193-acre asset combines a permitted open-pit mine with a processing plant zoned for 24/7 operations, offering immediate production capability and long-term resource value. With an estimated 4.7 million tons of Mariposa black slate reserves and infrastructure to support trucks, the site is primed for expansion. Approved nonconforming uses—including clay processing and aggregate sales—add flexibility for diversified revenue streams. Ideal for investors seeking a scalable, resource-rich industrial asset with entitlements in place.

Property Facts

Price $5,558,800 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 193.00 AC
Zoning LI - Industrial-Improved

1 Lot Available

Lot

Price $5,558,800 CAD
Price Per AC $28,802.07 CAD
Lot Size 193.00 AC

±50,000 sf Industrial building on 60 acres previously operating as a milling facility and plant. The offering also comes with a 135 acre permitted slate mine with 5 million tons of reserves.

Description

The Indian Hill Plant and Slate Mine in Amador County, California, offers two distinct operational sites. The Mine Site spans approximately 133 acres and includes APNs 008-140-023-000 and a portion of 008-140-005-000. It operates under a Conditional Use Permit and Reclamation Plan approved in 1995, allowing for open-pit mining of rare Mariposa black slate. The site is permitted to extract up to 30,000 tons annually, with an estimated 4.7 million tons of marketable reserves remaining 1. The Plant and Mill Site, located at 2201 Michigan Bar Rd. in Ione, covers 60 acres under APN 005-060-010-000. Zoned for Mineral Resources, it supports 24/7 operations with no trucking limitations and includes infrastructure such as a weigh scale, office, warehouse, covered loadout with six 100,000-ton silos, and an inactive rail spur. The site also benefits from approved nonconforming uses, including clay processing and aggregate sales, enhancing its versatility for future development

Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 008-140-005-000
  • 005-060-010-000
  • 008-140-023-000
Land Assessment
$1,289,158 CAD
Improvements Assessment
$343,167 CAD
Total Assessment
$1,632,325 CAD
  • Listing ID: 37107847

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 2201 Michigan Bar Rd, Ione, CA 95640

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