Active

0 Olancha

Out of Area CA, 93549

$6,000,000


$0.22 per sqft

Active

640 Acres

Land

Courtesy of Miguel A Hernandez with Open Door Real Estate

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.

202203022

MLS ID

March 25, 2022

Listed

November 22, 2024

Updated

Map

0 Olancha
Out of Area CA, 93549

Exterior/Building Features

Lot Size

640 Acres

School Information

School District

Other


High School

Other-Outlying


Elementary School

Other-Outlying

Other Property Details

Area Name

99


Days on Market

783


Garage

No


View

No


County

Out of Area


Pool

No

Listed by Open Door Real Estate, Miguel A Hernandez,
Listing Contact: 661-778-9135 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Bakersfield Association of REALTORS®.  Real estate listings held by brokerage firms other than Jeff Jackson & Associates are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is 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.

©2025 Bakersfield Association of REALTORS® all rights reserved.

Powered byLuxury Presence