$1,415,500

650411 03 95 Highway

Needles CA, 92363

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. 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.***

Details

MLS#492502
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site273

Features

ZoningRL Rural Land
Acreage423.86
Property ViewValley,Desert

Market Activity 92363

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Area Information

StateCA
CountySan Bernardino
CityNeedles
Zip Code92363
AreaCalifornia
Listing VS Median (Nearby)
Price:
$1,415,500
low | high
Med:
$575,000
100% of Average
On Site:
273
low | high
Med:
273
100% of Average
Listing Updated: 07/07/2020

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the High Desert Association of REALTORS®.

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