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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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0 S Of Hwy 190,  Olancha CA, 93545

(Active)
$6,000,000
|
|
MLS# NS23100191
Last Updated: 5/18/2024 8:09 PM
Description for 0 S Of Hwy 190 Olancha, CA 93545
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.
Price
$6,000,000
Inyo
NS23100191
Active
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.
Listing Information
Property Type: Land, Other
640 Acres Assessor
None
Water Not Available
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
R
Desert Back,Desert Front
Driving Directions
Use Google Maps
Financial Considerations
03306014
Contract
Listing Price History

Olancha Real Estate

Olancha is located in California. Olancha, California 93545 has a population of 2,056.

The median household income in Olancha, California 93545 is $50,980. The median household income for the surrounding county is $59,498 compared to the national median of $66,222. The median age of people living in Olancha 93545 is 46 years.

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Listing Agent: Miguel Hernandez CalDRE: 01904653 - Open Door Real Estate, 661-778-9135
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 8:09 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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