$6,000,000
640 Acre Lot

0 S Of Hwy 190, Olancha, California 93545

  • Land Property Type
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.

Basic Details
Land
For Sale
NS23100191
$6,000,000
640 Acre
Active
1
Features
: Water Not Available
$0
Address Map
CA
Inyo
Olancha
93545
Of Hwy 190
W118° 0' 52.5''
N36° 15' 5.2''
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Additional Information
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: Mountainous, Near National Forest
: Desert Back, Desert Front
2023-06-07
: None
Broker/Agent Information
Open Door Real Estate
Miguel Hernandez
Listing Information
NS01904653
NSOPENDRE
Contract
Active
2024-09-30T18:51:56Z
CRMLS
: Standard
2023-06-07T11:50:07Z
Agent info
Ray Millman
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Contact Us
ray@millmanteam.com 310.375.1069