Listing by: Miguel Hernandez, Open Door Real Estate, 661-778-9135
0 Beds
n/a Full bath
n/a SqFt
Active
APN # 033-060-14 is a 640-acre parcel of land located in Olancha, California, 93549. The property is subject to Bureau of Land Management (BLM) restrictions, but it has been identified as suitable for solar energy development and recreational use. Additionally, the property has been assessed for the presence of silica sand, adding potential value to the land. A proforma was completed for the property in 2019, providing an analysis of its potential financial performance and development opportunities. As of the most recent information available, there is an executed option lease agreement in place for the property, with a total lease sum of $23,997,349.26 over 39 years. Given its size and the opportunities for solar energy development, recreational use, and potential value from silica sand, this property presents a significant investment and development opportunity. Please note that specific details regarding the proforma and lease agreement would need to be obtained from the relevant parties or documentation associated with the property.
Property Details | ||
---|---|---|
Price | $6,000,000 | |
Lot Size Area | 27878400 | |
Lot Size Area Units | Square Feet | |
Acres | 640 | |
Property Type | Land | |
Exterior Features | BLM/National Forest,Mountainous | |
View | Dunes | |
Lot Description | Desert Back,Desert Front | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Use Google Maps | |
County | Inyo | |
Latitude | 36.251451 | |
Longitude | -117.985417 | |
Address Information | ||
Address | 0 S Of Hwy 190, Olancha, CA 93545 | |
Postal Code | 93545 | |
City | Olancha | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Open Door Real Estate | |
Listing Agent | Miguel Hernandez | |
Listing Agent Phone | 661-778-9135 | |
Buyer Agency Compensation | 1.500 | |
Attribution Contact | 661-778-9135 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 281 | |
MLS Status | Active | |
Listing Date | Jun 7, 2023 | |
Listing Last Modified | Feb 6, 2024 | |
Tax ID | 03306014 | |
MLS # | NS23100191 |
This information is believed to be accurate, but without any warranty.