Ketchum Crk Rd Circle, AK 99730
This exceptional business opportunity presents the acquisition of the Ketchum Creek Gold Mine, strategically situated at the confluence of Ketchum Creek and Mary Louise Creek in Circle, Alaska. The property encompasses 34 unpatented gold claims, offering significant potential for continued gold extraction. The mine boasts a proven track record, with an average annual gold production of approximately 670 ounces. The operational season typically extends from June through September, aligning with favorable weather conditions. All necessary mining equipment and permits are included in the sale, facilitating a seamless transition for the new owner. The mine's high-grade ore deposits contribute to its substantial profitability. While the challenging Alaskan environment presents inherent operational considerations, the historical significance and rich ore deposits of this mine offer a compelling investment opportunity. The unique geological formations and diverse ecosystem surrounding the mine also present additional long-term possibilities. The asking price for this established and productive gold mine is $2,300,000. This represents a rare chance to own a piece of Alaskan mining history and capitalize on the ongoing demand for precious metals. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.