Groveland Mine

Vacant Land for Sale
Catylist Listing ID: 30647065
Property Subtypes: Industrial, Vacation/Resort, Other
Gross Land Area: 1,600 Acres
Sale Price: $1,650,000
Unit Price: $1,031 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/22/2021

Overview / Comments

The subjects are the personal property consisting of waste rock that was formerly the overburden and interburden in the Groveland Mine in Dickinson County, Michigan.
The rock lies in a sparsely populated area, approximately 3 miles east of the community of Randville, Michigan and approximately two miles south of State Highway 69, which connects the rural communities of Randville and Felch, and extends easterly, toward Escanaba, the nearest lake port, approximately 60 miles away. The nearest city is Iron Mountain, with population of approximately 8,500, which is the county seat and lies approximately 15 miles south. The City of Green Bay, Wisconsin lies approximately 130 miles to the south. The nearest major cities are Milwaukee, Wisconsin, approximately 240 miles south and Minneapolis, Minnesota, approximately 310 miles southwest.
The Groveland Mine was formerly operated as an iron mine by Hanna Mining Company and closed in the early 1980s. The acreage is in heavily forested, generally flat land. It was an open pit operation that produced hematite (non-magnetic iron ore) and magnetite (magnetic iron ore). The hematite is derived from the Lower Vulcan formation and the banded magnetite ores were derived from the Upper Vulcan formation, of Proterozoic age.
The Groveland Mine is reported to have begun operations in the 1960s and ceased production in the early 1980s. To the best of our knowledge, the Hanna Mining Company operated it. At some time in its history, it was assigned EPA Site No. MID 000780296 and reported to be an EPA Superfund Site.
Vehicular access to the property on which the aggregate lies is available from the north and from the west. The north access uses a county or township road from State Highway 69. The access from the west uses a county or township road from State Highway 95. A single-track rail spur provides access to the property from the north.

Additional Details

Nearest MSA: Iron Mountain
County: Dickinson
Taxing Authority: Felch Twp
Tax ID/APN: 003- 180- 013- 00; 003- 180- 014- 00; 003- 180- 018-00; 003- 180- 020- 00; 003- 181-001- 00; 003- 181- 002- 00; 003- 181-005-00; 003- 181-006- 00; 003- 181- 007-00; 003-181- 008-00; 003- 181- 010-00; 003- 181- 011- 00; 003- 181-012- 00; 003-181 014- 00; 003- 181-015- 00; 003- 181-016- 00; 003- 182- 012-00; 003- 182- 013- 00; 004- 206-001- 00; 004-206- 002- 50; 004- 206- 005- 50; 004- 206- 006- 00; 005- 051- 001- 00; 005- 051- 005- 00; 005-053- 003- 00; 005- 125- 016- 00; 005- 135- 027- 00; 005- 136-001- 00;
Zoning: INDUSTRIAL
Rail Access: Yes

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,237 1,237
Median Age: 46.15 46.15
Households: 494 494

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