$100,000
$178,100
43.9%For more information regarding the value of a property, please contact us for a free consultation.
160 Acres Lot
SOLD DATE : 01/26/2021
Key Details
Sold Price $100,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 494968
Sold Date 01/26/21
HOA Y/N No
Lot Size 160.000 Acres
Property Description
*** Land opportunity in Needles, CA. 160 acres the parcel offers plenty of room for any land developer. The site is strategically located just south of Front St, and not far from well traveled Interstate 40. 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. Seller will carry with easy terms 33% down 7% amortization over 30 years due in 10, 50% down 5% amortization over 30 years due in 10, 67% down 3% amortization over 30 years due in 10. Can use GPS coordinates 34.831478, -114.690991 to help find the parcel. ***
Location
State CA
County San Bernardino
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available None, Sewer Not Available
View Y/N Yes
View Desert, Mountain(s)
Building
Lot Description Rolling Slope, Steep Slope
Sewer None
Others
Tax ID 0659221340000
Acceptable Financing Cash, Owner Will Carry, Submit, Trade
Listing Terms Cash, Owner Will Carry, Submit, Trade
Financing Seller Financing
Special Listing Condition Standard
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Bought with KAREN SUMMITT • Karen Summitt Broker
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "