Needles, CA 92363,650411 03 95 HWY

$250,000

$475,000

47.4%
Est.Price: ?

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Est. payment /mo

423.86 Acres Lot


SOLD DATE : 02/15/2023

Key Details

Sold Price $250,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 492502

Sold Date 02/15/23

HOA Y/N No

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

Interior

Fireplace No

Exterior

Utilities Available ElectricityAvailable, SewerNotAvailable

View Y/N Yes

View Desert, Valley

Building

Lot Description HorseProperty, GentleSloping, Level, RollingSlope

Sewer None

New Construction No

Others

Tax ID 0650411030000

Acceptable Financing Cash, Submit

Horse Property Yes

Listing Terms Cash, Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jeffrey Nyal • Coldwell Banker Home Source
Bought with Jeffrey Nyal • Coldwell Banker Home Source

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