Tire & Rubber, Inc.

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Asking Price:
$4,500,000

Gross Revenue:
 Not Disclosed
Net Operating Income:
 Not Disclosed
FF&E:
 Not Disclosed
included in asking price

Building Sq. Ft.:
2020.00
Price/Sq. Ft.:
 Not Disclosed
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Property Description

SVN Chicago Commercial is pleased to offer for sale, both the Business Opportunity represented by Tire & Rubber, Inc. plus the real estate related thereto, which includes 284.18 acres consisting of a naturally formed setting ideal for a land-fill with multiple uses and a proven track-record of increasing profitability.

We have organized the Offering Memorandum to describe the real estate as an investment opportunity for a new owner/user at a 10.03% cap rate at $4,500,000; which includes the operating business, the real estate and all related Furniture, Fixtures and Equipment (F. F. & E.); the most significant of course is equipment.

While the current business and real estate operation is fully permitted and operating as both a Tire Recycling facility handling approximately 2,000,000 tires each year and a land fill for Construction and Demolition (C&D) materials, it can be further permitted for a host of other disposal uses which might include, but not be limited to the following: fly ash, hazardous waste, bio-medical waste, drill solid waste/drill mud from nearby shale drilling operations or even oil wastes.

The most exciting future use is to align the facility and its current inventory of nearly 10,000,000 stored tires (with 2,000,000 new tires per year coming in) to the industry of "pyrolysis", where the rubber is converted to valuable oil, gas and carbon black (see materials in the memorandum).

About the Property

Type:
Other Business Real Estate
Building Status:
Established
Facilities:
Operating Business and Real Estate Opportunity
284/18 acre site; naturally conducive to land fill and waste disposal
Permitted Waste Tire Mono-Fill and Construction/Demolition Waste Landfill
TRI is a Regulated Public Utility
100% Owned by One Owner
Over 100,000 Tons (approximately 10,000,000 tires) stored in cells for future use
Location Description:
Weston, West Virginia
Current and Prior Use:
An early stage waste disposal facility located on the southern rim of the Marcellus & Utica Shale basins with over a total 48 million cubic yards of unmanaged airspace ready for immediate further development and ideally suited for:

Oil & gas drill solid or “fracking” wastes that are being generated in large amounts in the Marcellus &Utica shale regions, Gasification or Pyrolysis processingof the 90,000-105,000 tons of primary cut tire shred stored on-site and 50,000 tons of a wide variety of Construction and Demolition (C&D) resulting in potentially s
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Listing Info

ID:
1566838
Ad Detail Views:
19

Attached Files Attachment Disclaimer

  Sale Brochure (6 MB)
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Property Listed by

SVN Commercial

SVN | Chicago Commercial

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Sponsoring Broker:

Scott Maesel
SVN | Chicago Commercial


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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.