Listed By Open Door Real Estate, Miguel A. Hernandez
0 OLANCHA Out of Area, CA 93549
$6,000,000
640.00
Acres
—
Zoning
Active
Status
MLS#
202203022
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.
Details for 0 OLANCHA
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Open Door Real Estate, 8613530
MLS# 202203022
Updated 7:58PM - 4/27/2024
Listing Agent Miguel A. Hernandez
Based on information from the Golden Empire MLS, Inc. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including measurements and calculations of area, is obtained from various resources and has not been, and will not be, verified by broker 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. Copyright © 2024 Bakersfield Association of REALTORS® and Golden Empire MLS. All Rights Reserved.
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