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- LoopNet Team
14647 State Route 511
Oberlin, OH 44074
Kipton Quarry · Land For Sale
·
56.00 AC
INVESTMENT HIGHLIGHTS
- Quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area.
- Includes water and mineral rights, and potential for further development.
- 400 million tons of premium sandstone
PROPERTY FACTS
DESCRIPTION
Kipton Quarry is a prominent provider of high-quality sandstone products, operating a substantial open-pit quarry in north-central Ohio. The quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area. The Berea Formation provides estimated reserves of up to 400 million tons of premium sandstone. The business operates with a streamlined workforce, ensuring a lightweight and efficient operation. However, with a modest expansion to the workforce and the implementation of additional operational resources, the quarry's output and revenue could be increased tenfold. This scalability highlights the significant growth potential and operational efficiency of Kipton Quarry, making it a compelling investment opportunity with the capacity for substantial output expansion.
PROPERTY TAXES
| Parcel Number | 13-11-006-000-014 | Improvements Assessment | $105,189 |
| Land Assessment | $131,208 | Total Assessment | $236,397 |
PROPERTY TAXES
