East Fernley Gravel in Fernley, Nevada
Property Type: Specialty Industrial-Mining property
Aggregate Product: Type II Road base, gravel, sand, structural fill
Estimated Resource: 4,000,000 tons
Contract is a Mining Lease Agreement 17 years left as of October 2024. Western States Resources, LLC (Nevada) was specifically set up as Lessee to this agreement in October 2021.
Property Size: 151 acres in 4 parcels.
Advantages:
1) Zoned M-1 for mining
2) Special Use Permit for mining in place.
3) 100,000 tons mined in the last 8 months of 2024 by contract operator.
4)Materials tested and certified for use as Type II road base for the Nevada Department of Transportation.
5) Also has utility gravel, sand & structural fill.
6) Interstate 80 and two railroads provide wider access for the region and multiple industrial warehouse complexes are being built in east Fernley within 5 miles of the gravel pit.
7) The 4-lane Alternate US Highway 50 has both north and south turning lanes and access lanes from Farm District Road.
8) Port of Nevada-Free Trade Zone development for rail and truck is located within 1/2 mile of our highway access.
9) 2,000 residential homes are in the permit process in the surrounding area, providing ample markets.
10) NOTE: Any equipment located on the property as shown in any future photos is the property of our current contract operator and are not included in the sale price.

SUMMARY: Early phase of growth for gravel and construction products, 151 acres with room to add construction products such as cement and asphalt and construction services support.