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$ 225,000
Est. payment /mo
Active
00 NYS Route 373 Keeseville, NY 12944
1,001,880 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,001,880 sqft
Price per Sqft $0
MLS Listing ID 206295
Annual Tax Amount $996
Lot Size 23.000 Acres
Acres 23.0
Property Sub-Type Unimproved Land
Source Adirondack-Champlain Valley MLS
Property Description
The purchase price of $225,000.00 is only for the land
The Sellers shall retain a $1.00 (One Dollar) per ton royalty interest on all sand and aggregate extracted from the property. This royalty is payable on the gross tonnage of material extracted. This royalty interest shall be held by the Sellers, and their heirs and assigns, in perpetuity for the full commercial duration of the mining operation on the subject parcel. The sale is contingent upon the execution of a separate legal Mining Royalty Agreement as per the attorneys drafting that fully details the measurement, reporting, and payment schedule of the retained royalty interest.
The Sellers shall retain a $1.00 (One Dollar) per ton royalty interest on all sand and aggregate extracted from the property. This royalty is payable on the gross tonnage of material extracted. This royalty interest shall be held by the Sellers, and their heirs and assigns, in perpetuity for the full commercial duration of the mining operation on the subject parcel. The sale is contingent upon the execution of a separate legal Mining Royalty Agreement as per the attorneys drafting that fully details the measurement, reporting, and payment schedule of the retained royalty interest.
Location
State NY
County Essex
Direction From Route 9 in Keeseville, turn right onto Route 373. The property is approximately 2 miles on the right.
Exterior
Street Surface Paved
Road Frontage Public
Building
Lot Description Agricultural, Near Golf Course
Schools
School District Ausable Valley
Others
Senior Community No
Tax ID 4.2-1-3.000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Heather Maxey • Adirondack Realty Berkshire Hathaway HomeServices
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