Homes for sale - 0 S Of Hwy 190, Olancha, CA 93545

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Miguel Hernandez • Open Door Real Estate

$6,000,000

Est. payment - /mo

640 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNS23100191

Originating Board California Regional MLS

Lot Size 640.000 Acres

Property Sub-Type Other Residential Land

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.

Location

State CA

County Inyo

Zoning DESB,DESF

Others

Tax ID 03306014

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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0 S Of Hwy 190 Olancha, CA 93545

JLee Broker

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