Listing by: Miguel Hernandez, Open Door Real Estate, 661-778-9135

0 Beds

n/a Full bath

n/a SqFt

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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.
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