0 S Of Hwy #190 Lone Pine, CA 93545  | Land/Lot
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$6,000,000

0 S Of Hwy #190 Lone Pine, CA 93545
0
Bathrooms
640
Acres
Land/Lot
Property Type
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About This Home

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

0 S Of Hwy #190 Lone Pine, CA 93545

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Listing Agent

Miguel Hernandez

Miguel Hernandez

Open Door Real Estate

(30 reviews)
Avg Price Sold$344.3K
Years Experience15
Total Transactions123