Cutting Mine Base Property
Lead, SD
50.606 Acres
$949,016
Lawrence County, SD Property for Sale
Executive Summary: The Cutting Mine Base Property once housed the notorious Cutting Gold Mine. Property is easily accessible yet private with a live water creek flowing through the property and has power and water available. The property is platted with multiple mineral surveys, each qualifying for a building permit.
Location & Directions
Directions: On the north edge of Lead, SD; US HWY 14A, take Cutting Mine Rd west approximately .4mi to the property.
Locale
The nearest town to the Cutting Mine Property is Lead, SD nestled in the northern Black Hills. Lead’s population is approximately 3,000. Though small, the community boasts a heavy tourist industry, rooted in the region’s historical gold mining industry of the 1800’s. There is shopping, fine and casual dining and sightseeing of the many local attractions. Lead is currently the home of Sanford Underground Research Facility that draws worldwide attention. Four miles up the road is historic Deadwood, South Dakota, home of legendary figures, historical shootouts and gaming halls!
The Black Hills is home to multiple natural beauties and attractions including Mount Rushmore, Custer State Park, Black Elk Peak, Sylvan Lake and many more. The area offers many recreational opportunities including hiking, fishing, hunting, ATV riding, golfing and during the winter months snowmobiling and skiing.
Rapid City is located 45 miles southeast of Lead. Air services are found in the nearby towns of Spearfish and Sturgis. Regional flight services are available within an hour drive at Rapid City Regional Airport with direct flights to over twenty major markets.
Topography
The property is timbered and rugged with many aspen filled draws. Deadwood Creek makes the north boundary along much of the property.
Water
A flowing well is located on the property producing approximately 50 gallons per minute and Deadwood Creek flows along the north boundary and through the property.
Access
Accessible by Cutting Mine Road. There is a shared access easement with the neighboring land owners.
Improvements
The property is largely unimproved, save an existing block building connected to the Cutting Mine. Remnants of the Mine structures are still visible on the property.
Operation
The property has not been in production in recent years.
Utilities
Both single phase and three phase power is available and on-site at the old Cutting Mine location.
Wildlife
Whitetail deer are the most prominent wildlife on the property and can be seen in abundance. Other species include coyote, bobcat, raptors and others common to the region.
Easements
Black Hills Power Inc.,) will retain a 50’ Electric Overhead/Underground easement (25’ from the centerline) along the existing transmission and power lines.
Leases
There are no leases currently encumbering the property.
Taxes
The taxes are currently centrally assessed and will be reassessed upon transfer of title.
Legal Description
Mineral Lodes Black Coon Fraction of Mineral Survey #1685 in Section 30; Mineral Lodes Winnie F and Winnie F. Fraction of Mineral Survey #1702 and Kangaroo and Tiger of Mineral Survey #1411 in Sections 29 & 30 all in T5N, R3E, BHM, Lawrence County, South Dakota
Contact Us
Tanner Hewitt, Broker Associate: Rapid City, SD Office, (605) 490-7952
Tyson Hewitt, Broker Associate: Rapid City, SD Office, (605) 206-0034
JD Hewitt, Managing Broker: Rapid City, SD Office, (605) 347-1100
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The information provided by Hewitt Land Company has been obtained from sources deemed to be reliable, but is not guaranteed or warranted by Hewitt Land Company or the sellers of these properties. It is the responsibility of the prospective buyer to independently confirm the accuracy and completeness of this information. Prospective buyers and advisors are encouraged to do their own due diligence in regard to tax, financial and legal matters, and to determine the suitability of a specific property to the buyer's needs. This offering is subject to errors, omissions, prior sale, price change, correction or withdrawal from the market without notice. All references are approximate. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. Sellers reserve the right to accept or reject any and all offers without liability to any buyer or cooperating broker. Fences may or may not be located along property borders.