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0 Olancha

Out Of Area, CA 93549
  • $6,000,000
  • STATUS: Active
  • ON SITE: 802 Days
  • ID#: 202203022
UPDATED: 140 min ago
$6,000,000
  • 0
    BEDS
  • 640
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
99
Type:
Vacant Land / Lots
County:
Area:
99

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-16T19:31:32.333.
www.kerncountyhouse.com/homes/127389875
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0 Olancha Out Of Area, CA 93549

  • Price: $6,000,000
  • Status: Active
  • On Site: 802 Days
  • Updated: 140 min ago
  • ID#: 202203022
0
Beds
0
Baths
0
½ Baths
640
Acres
Neighborhood:
99
County:
Out Of Area
Area:
99
Elementary School:
Other-Outlying
Middle School:
Other-Outlying
High School:
Other-Outlying
School District:
Other
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.
Property Features

Land Type Acreage Water District Unknown Zoning Private PreserveOpen Space-Vacant Land (Forest LandConservation)

Listing courtesy of Miguel Hernandez of Open Door Real Estate: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-16T19:31:32.333.
 
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