CA > Olancha
Olancha, CA 93545,0 S Of Hwy 190
Olancha, CA 93545,0 S Of Hwy 190
Olancha, CA 93545,0 S Of Hwy 190
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$6,000,000
Est. payment /mo
640 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NS23100191

HOA Y/N No

Lot Size 640.000 Acres

Property Description

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.

Location

State CA

County Inyo

Zoning R

Interior

Fireplace No

Exterior

Community Features Mountainous, Near National Forest

Utilities Available Water Not Available

View Y/N Yes

Building

Lot Description Desert Back, Desert Front

Water None

New Construction Yes

Others

Senior Community No

Tax ID 03306014

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Miguel Hernandez • Open Door Real Estate • 661-778-9135

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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