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
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