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S Of Hwy 190, Olancha, CA 93545

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Listing Type
Lots/Land
Listing Status
active
8
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$6,000,000

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Home Details for 0 S Of Hwy 190
Price
$6,000,000
Type
Lots/Land
Lot Size
640
County
Inyo
MLS®️ Listing#
NS23100191
On exitrealty.com
556 days
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.
Property Features
Listing courtesy: Open Door Real Estate - 661-778-9135. Presented by: Miguel Hernandez
Based on information from CARETS as of 2024-12-11 03:23:38. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources 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.

IDX data provided by Mobile Real Estate, LLC
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01520140. Kris Klair Broker.
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$6,000,000

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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01520140. Kris Klair Broker.
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