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397 Burnham Hwy
Lisbon, CT 06351
Lisbon Quarry · Land For Sale · 86.70 AC

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INVESTMENT HIGHLIGHTS

  • Approximately 2 Million Tons of Granite
  • 2250 Tons or 100 Loads per Day

EXECUTIVE SUMMARY

On behalf of K&H Properties LLC, LandVest is pleased to present the opportunity to acquire an 86-acre active and permitted quarry. K&H is a family-owned business, founded in 1961 in East Windsor, CT, that has spent over six decades providing innovative solutions to the construction industry in the Greater Hartford area. This well-established quarry represents an excellent opportunity to invest in a profitable, permitted operation within the high-demand construction stone sector.
With over 2 million tons of state-approved crushed stone, the quarry is fully equipped to support large-scale projects and enhance any company’s granite quarry operations. Conveniently located just minutes from Rt 395, the quarry offers easy access.
According to a 2019 report from the Connecticut Office of Legislative Research, Connecticut currently has 30 quarries producing crushed stone and 42 quarries producing sand and gravel.
Nationwide, the demand for aggregates, including both sand and gravel and crushed stone, has been consistently strong, with forecasts predicting continued growth over the next five years.
While the 2019 pandemic caused a significant dip in overall construction and gross domestic product, much of the industry’s losses had rebounded by July 2021, driven in part by a surge in residential construction.
Looking ahead to 2022 and beyond, the Dodge report forecasts growth of over 6% in the construction industry.
Additionally, the newly passed Infrastructure Investment and Jobs Act (IIJA) is expected to provide a significant boost to non-residential construction, with substantial investments directed toward upgrading our nation’s infrastructure.
This includes an allocation of approximately $1.2 billion for Connecticut’s highways, transit, and bridges, marking a 32% increase over the state’s typical infrastructure budget (www.courtney.house.gov).
Interested parties are invited to complete a Non-Disclosure Agreement and email it to the LandVest office to receive access to a data room containing comprehensive quarry analysis, permits, GIS maps, and other relevant documentation. For further inquiries, please contact Keith Ross.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Commercial
Total Lot Size 86.70 AC
Zoning C - Commercial

1 LOT AVAILABLE

Lot

Price $3,792,057 CAD
Price Per AC $43,737.69 CAD
Lot Size 86.70 AC

86.7 acre quarry

DESCRIPTION

Landvest is pleased to offer the Lisbon Quarry for sale. Minutes from Rt 395, this granite quarry is easily accessible and boasts over 2 million tons of state approved crushed stone. Please see the CoStar Data Room for financials and contact broker for details.

  • Listing ID: 32233774

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 397 Burnham Hwy, Lisbon, CT 06351

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