Tire & Rubber, Inc.
Net Operating Income:
included in asking price
Building Sq. Ft.:
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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
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Other Business Real Estate
- Building Status:
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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Sale Brochure (6 MB)
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