1300 Indian Lake Rd Florence, TX 76527
This exceptional 236-acre property in Florence, Texas, presents a unique investment opportunity for aggregate or crushed rock companies. Currently owned by Superior Stone, a dimensional stone supplier, the quarry is being offered for sale due to the changing nature of their operations. The existing rock reserves are substantial, though potential buyers are strongly advised to conduct their own independent assessment to determine the remaining mineral value. The seller will not provide any information regarding the current mineral supply. This sale is explicitly for the rock value inherent in the land. The property's location offers significant logistical advantages, boasting close proximity to Highway 195 and the town center of Florence. This translates to convenient access for transportation and potential operational efficiencies. The current extraction methods employed by the previous owner suggest that blasting or hammering techniques would be more effective for future operations, making this an ideal acquisition for businesses specializing in aggregate or crushed stone production. Given the scale of the quarry and its strategic location, this property represents a compelling investment opportunity for those seeking a substantial raw material source. All interested parties are urged to perform thorough due diligence to assess the full potential of this unique land offering. The property is sold "as is."
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.