$250,000
$475,000 47.4%
Est. payment /mo
423.86 Acres Lot
Sold on 02/15/2023
650411 03 95 HWY Needles, CA 92363
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Key Details
Sold Price $250,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 492502
Lot Size 423.860 Acres
Property Description
*** Enormous land opportunity in Needles, CA. With 423 acres the parcel offers over 1 mile of prime frontage along CA-Hwy 95. The site is strategically located only minutes away from the San Bernardino County Municipal Airport, and Interstate 40 on-ramp at Five Mile Rd. Just south of commercially zoned Parker Junction the land is not far from utility access. Tons of possibilities for the site and an ideal location for renewable energy sources such as solar or wind generation. CA Senate Bills 1078, 107, and X1-2 along with Executive Order S-14-08 being signed into law, will require electricity retailers in CA to adopt Renewable Portfolio Standards (RPS). An RPS goal of 33% will be required for all energy sales to be met by the end of 2020. In addition, Senate Bill 350 is intended to move electricity retailers to a 50% RPS goal by 2030. These requirements make this property worth serious consideration as demand for renewable energy sources rapidly increases. In addition, the Seller is willing to carry with easy terms: 25% down payment 3% interest amortization over 30 years due in 10, 33% down payment 2% interest amortization over 30 years due in 10, 50% down payment 1% interest amortization over 30 years due in 10. This is a must see opportunity before it's too late. ***
Location
State CA
County San Bernardino
Exterior
Utilities Available Electricity Available, Sewer Not Available
View Y/N Yes
View Desert, Valley
Building
Lot Description Horse Property, Gentle Sloping, Level, Rolling Slope
Sewer None
New Construction No
Others
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
Listed by Jeffrey Nyal Coldwell Banker Home Source
Bought with Jeffrey Nyal Coldwell Banker Home Source
Bought with Jeffrey Nyal Coldwell Banker Home Source