Thank you
Miguel Hernandez
Open Door Real Estate
661-861-3530
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.
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 640
Lot Size Source: Assessor
Lot Size Square Feet: 27878400
Original List Price: 6,000,000
Listing Contract Date: 2023-06-07
Listing Agreement: Exclusive Right To Sell
Parcel Number: 03306014
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood:
Directions: Use Google Maps
Zoning: R
Source Property Type: Land
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1201 Cactus Flats Road, Olancha, CA,93545 | $125,000 | -- | -- | -- | 87120 Sqft |
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ByOwner last updated this listing 04/30/2024 @ 20:55
MLS: NS23100191
LISTED BY: Miguel Hernandez, Open Door Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.