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.

Features
: Other
Address Map
CA
Inyo
Olancha
93545
0 S Of Hwy 190
0
W118° 51' 10.6''
N36° 36' 22.6''
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MLS Addon
Open Door Real Estate
Miguel Hernandez
miguel@teamhernandez1.com
CR364234152
CR371814928

Land For Sale

0 S Of Hwy 190, Olancha, California 93545

27,878,400 Sqft
$6,000,000
Listing ID #CRNS23100191
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : CRNS23100191
Price : $6,000,000
Lot Area : 27,878,400 Sqft
Status : Active
Property SubType : Unimproved Land
Agent info
Michael Roberts
Contact Agent