Arvin, CA 93203,0 Rockpile RD

$130,000

$150,000

13.3%
Est.Price: ?

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Est. payment /mo

10 Acres Lot


SOLD DATE : 12/22/2020

Key Details

Sold Price $130,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW19237452

Sold Date 12/22/20

HOA Y/N No

Lot Size 10.000 Acres

Acres 10.0

Property Description

1/2 the Price of comparable properties! Only $15,000 per Acre! Possible Hemp or Cannabis Farm. Rare Find! 10-Acres of Organic Farm Land that has never been farmed. Adjacent to Pepper Ridge Farms, Agri-Future Orchards and Crystal Organic Farms. Adding a water tank on the property can give you access to water. (NOTE: you cannot purchase water from other Arvin-Edison Water Co customers) The area is well suited for farming because of the temperate climate with protection from the nearby mountains. Great access with Hwy 58 only about 10-minutes away. Bakersfield is about 20-25 minutes to the NW. RTF (ready to farm) land typically sells for $25k to $30k per acre in the area for large parcels. Greenhouses can be built on the land for growing indoors. Having a mobile home or employee housing on the property may be acceptable, check with building and planning departments. Some area farmers believe prices will rise to $50k per acre due to recent increased demand for land to grow Hemp. Fantastic price of only $150,000 ($15,000 per acre) May consider a Seller Carry Back with 50% down. Great opportunity to grow hemp! Includes Mineral and Water Rights! GPS Coordinates are Kern Co California 35.286583,-118.796957 or GPS 7958 Rockpile to get to the corner house at Rockpile and Mountain View. Call for details on getting to the lot.

Location

State CA

County Kern

Area Arvn - Arvin

Zoning A FP

Interior

Fireplace No

Exterior

Community Features Rural

View Y/N Yes

View Mountain(s), Reservoir

Building

Lot Description Agricultural, Orchard(s), Value In Land, Mineral Rights

Water Other, See Remarks

New Construction No

Others

Senior Community No

Tax ID 17912012003

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jack Rosemary • Jack Rosemary, Broker
Bought with General NONMEMBER • NONMEMBER MRML
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