Midland Rd Blythe, CA 92225

Property Details for 0 Midland Rd

Lot size

1,100.00 lot acres

Property type

Land

Description

This exceptional 1,100-acre property in Riverside County, California, presents a lucrative investment opportunity in the mining industry. Located conveniently off Interstate 10, approximately 10 miles north of Blythe, this site boasts extensive high-grade calcium carbonate deposits. Prior appraisals valued the mineral deposits at $55.6 million (2008) and $32.2 million (1994). Comprehensive geological reports, including results from core drilling and testing on 60 acres (extending to the remaining acreage), confirm the presence of 30 to 60 million tons of high-grade calcium carbonate (97-100% purity), with dry brightness ranging from 87% to 93.8%. Eleven bore holes, ranging from 100 to 300 feet deep, provide detailed data. Additional resources include marble and decorative surface rock. The property is zoned BLM, with prior mining plans of operation approved in 1996 and 2008. Access is excellent, via a paved county-maintained road from Blythe, extending to paved roads at the quarry and good gravel roads throughout the site. Water resources are available, with the Colorado River situated just 4 miles away. The strategic location offers proximity to major highways and metropolitan markets, approximately 225 miles east of Los Angeles and 150 miles west of Phoenix. Mining claims include Rocky Canyon #1-#11 (eleven 80-acre placers) and Vikings #1-#6 (six 40-acre placers). Detailed core reports and geological mapping are available for review. The asking price is $7,900,000, translating to $7,182 per acre. This represents a unique chance to acquire a well-documented, high-yield mining operation with significant potential for future growth.

Location Insight

City

Blythe

County

Riverside

State

California

Longitude

-114.657

Latitude

33.7915