Needles, CA 92363,650411 95
$250,000
$475,000
47.4%
Est.Price: ?

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650411 95 Needles, CA 92363

Est. payment /mo
SOLD DATE : 02/15/2023

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Key Details

Sold Price $250,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 492502

Property Sub-Type Lots/Land

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 Electric

View Y/N No

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Jeffrey Nyal Coldwell Banker Home Source
Bought with Jeffrey Nyal Coldwell Banker Home Source

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Dave Dennis

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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