551181 04 Bagdad Chase Road
Outside Area (Inside Ca), CA 92338
- – beds
- – baths
- – sqft
- ~484 acre lot
- – on site
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*** Come VIEW and MAKE an OFFER TODAY ! Incredible mining opportunity located in Ludlow, CA. For millions of years magmatic flows created this amazing collection of real estate. The Bagdad Chase Mine offers nearly 500 acres, and approximately 3000 acres of mining claims that contain IOCG Breccia Systems. These Breccia Systems are colorful deposits of mineralized Iron Oxide Copper-Gold. Originally intended as a GOLD mine, the 1987 Wright Engineers Evaluation Report attached to this listing shows the current proven and probable reserves of 826,388 tons grading 0.148 oz Au/ton with the potential of generating 122,000 oz of GOLD. Multiply that by the current per-ounce-price and we are looking at the possibility of a 9-figure revenue stream. Another great use for the site would be a colorful gravel QUARRY. With water conservation on the rise, rock-scapes will be in high demand. The aggregate rock produced from the mining process has many vibrant shades of gravel ideal for landscaping. Whether you are interested in mining minerals, setting up a quarry, or both the Bagdad Chase Mine has the potential of generating lucrative cap rates. Other highlights include: 260 Foot Well, Ownership of Bagdad Chase Rd, RAILROAD Right of Way, Existing Mine Shafts, and a RICH history with President Roosevelt signing some of the original deeds. Access Type: Private Access # of RV Spaces: 0 Zoning Description: Industrial Lot Location Type: Other Development Status: Other Easements: See Map of Record Frontage Type: Dirt Road Miscellaneous: Build to Suit Utility Adjc to Site: Water # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0
Listed By CRMLS_CA / John Connolly / CPI Capital Properties
Last checked:
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Last updated Nov 8, 2024
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MLS# 511549 —
Location
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Directions:Interstate 15 N to Interstate 40 E. I-40 E exit Ludlow,CA. Bagdad Mine Rd S about 8 Miles to main mine site. Cross Street: Interstate 40.
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Latitude:34.67502900
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Longitude:-116.15838500
The Property
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Zoning Description:Industrial
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Topography:Rolling,Level
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Lot Features:Horse Property
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Lot Size Area:21083040.0000
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Lot Size Dimensions:27 Parcels See Plat Maps
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Lot Size Acres:484.0000
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Lot Size SqFt:21083040.00
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View:1
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View:Valley, Desert
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:ROOSEVELT
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Tax Lot:68
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0551181040000
Utilities
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Sewer:None
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Water Source:Well
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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8/25/20
Aug 25, 2020
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Sold | CRMLS_CA | $1,500,000 | -46.4% |
3/5/20
Mar 5, 2020
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Price Changed | CRMLS_CA | $2,799,000 | -24.4% |
8/22/19
Aug 22, 2019
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Price Changed | CRMLS_CA | $3,700,000 | -17.6% |