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37304 Magee Rd
Pala, CA 92059
Oceanview/Pala Chief Mines,Elizabeth R Claim · Land For Sale · 42.91 AC

INVESTMENT HIGHLIGHTS

  • Claim plus Mineral, Water and Timber Rights
  • Solar Powered and Mining Support Buildings in place
  • Beryl, Book Mica, Muscovite Mica and Crystals.
  • Established Business for Amateur and Professional Mining
  • Rare Gem Mine Pink Tourmaline, Watermelon Tourmaline, Black & Green Tourmalines, Kunzite, Lepidolite, Aquamarine, Gossanite, Morganite, Quartz, Garnet
  • Rare Class 1- Class 3 Storage Mine

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Open Space
Total Lot Size 42.91 AC
Zoning AG 20 - Ag

DESCRIPTION

Rare Gem Mine on privately held property located within the reservation, before it was established. Mine has claim, mineral, water and timber rights and historical findings. Mine has been marketed over the years as a location for amateur mining including to schools, universities, the Smithsonian, GIA and other gem organizations for added income at $45-$75/person per dig. NDA to be signed before financials will be released. Professional blasting and mining experts utilize their skills in locating, cutting and selling gems around the world to regular buyers including those from China for much of the income produced by these mines. The business has been established to continue with the educational services provided at daily rates per person as well as a professionally mined locale all ready for a buyer in the know or just looking to find a new hobby. Seller will stay involved to explain the mining locations, current findings while professional mining crew is available to stay on with new owner. Second mine has rare licensing for Class 1- Class 3 storage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 109-160-25
  • 109-160-24
  • 109-190-04
Land Assessment
$378,015
Improvements Assessment
$0
Total Assessment
$378,015
  • Listing ID: 16304984

  • Date on Market: 6/10/2019

  • Last Updated:

  • Address: 37304 Magee Rd, Pala, CA 92059

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