Mining Claims

Elgin, MN Mining Land & Claims for Sale

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Active Mining Pit Land
Updated: Mar 21, 2025
Active Mining Pit Land

County Rd 67, Elgin, MN 55932

$5,995,000
38.40 AC lot
1 of 3 family‑owned mining pits with operations dating back to 1937
Permits and approvals included to support day‑one continued mining operations
38.4+/- acres with abundant reserves
Includes enough processed inventory (bedding sand) for close to one year of operations
Equipment for operations available for purchase as negotiated with the sale
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elgin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Quarry-Ready Industrial Property
Quarry-Ready Industrial Property

9346 E Wasko Rd, Solon Springs, WI 54873

$875,000
1,200 sqft 36.07 AC lot

Permitted mining quarry setup on 36 acres with an insulated heated shop and a 2-bedroom home.

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Permitted Rock and Sand Quarry Site
Permitted Rock and Sand Quarry Site

9346 E Wasko Rd, Solon Springs, WI 54873

$875,000
37.00 AC lot

Permitted rock and sand quarry with insulated heated shop and ranch home.

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Industrial Mining Pit with Active Permits
Industrial Mining Pit with Active Permits

County Rd 84, Kellogg, MN 55945

$849,450
11.30 AC lot

Own an operating mining pit with required permits and a transferable staging lease from a local power cooperative.

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Permitted Mining Pit with Storage Shop
Permitted Mining Pit with Storage Shop

County Rd 84, Kellogg, MN 55945

$1,769,000
20.00 AC lot

Active permits, on-site processed inventory, and a staging lease support immediate operating readiness.

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Elgin, MN Mining Land & Claims Market Trends and Statistics

Explore 1 mining land & claims for sale in Elgin, MN on our real estate platform. These investment opportunities span a total of 1,672,704 square feet of properties for sale, with an estimated market value of $5,995,000.

Sale prices for quarries & mines in Elgin, MN average $5,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

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Mining land & claims 1

Demographics Overview

Population 2,080
Population Growth (5Y) -0.1%
Median Household Income $102,727
College Educated 38.3%

High-Yield Neighborhoods for Investment

Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55932 $6M

Taxes & Financing

Tax Rate (average for all types) 1.68%
Property Tax per SF $36.34 per SF
Tax Rate vs County Average 0.31 pp below county avg
Average Loan-to-Value 65.0%

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