S Of Hwy 190,  Olancha  (93545)

$6,000,000

0 bedrooms 0   0 bathrooms 0   27878400 square feet 27,878,400
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Listed By: Miguel Hernandez of Open Door Real Estate

PROPERTY DETAILS

Address: view address
Olancha, CA 93545
Map Location
Features: New Construction
Square Feet:27,878,400 sq.ft.Lot Size:640.00 acres
Year Built:2000Property Type:Land
County:InyoList Date:2023-06-07
Listing Number:NS23100191Listed By:Open Door Real Estate
Listing Office:661-778-9135Days on market:324

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.

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Exterior

New Construction:Yes

Property and Lot Details

Lot Acres:640.00Lot Near Mountains:Yes
Lot Sqft:27,878,400.00New Construction:Yes
Transaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Miguel Hernandez of Open Door Real Estate