Property profile

16270 California Mine Rd Drytown, CA 95699

OFF-MARKET
Land
193.85 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 193.85-acre industrial property in Amador County, California, presents a unique investment opportunity. The offering encompasses two key locations: a 133-acre active slate mine and a 60-acre processing plant. The mine, operating under a 1995-approved conditional use permit and reclamation plan, extracts rare Mariposa black slate. Estimated reserves stand at 4.7 million tons, with an annual extraction limit of 30,000 tons. The processing plant, situated at 2201 Michigan Bar Road in Ione, CA, benefits from Mineral Resource zoning, enabling 24/7 operation and unrestricted trucking for shipping fine-ground slate. Rail transport is also a possibility, though currently inactive. The plant's zoning allows for a wide range of processing and shipping options. In 2011, a non-conforming use was approved by the Amador County Planning Department. The mine's location is 16270 California Mine Rd, Drytown, CA 95699. The combined property includes APNs 008-140-023-000, a portion of 008-140-005-000, and 005-060-010-000. This offering presents a rare chance to acquire a fully operational slate mining and processing operation with significant reserves and flexible zoning.

Property profile

Verified
Property type Land
Lot 193.85 ac (8,444,106 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16270 California Mine Rd Drytown, CA 95699
Drytown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16270 California Mine Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message