$25,953
$62,000
58.1%For more information regarding the value of a property, please contact us for a free consultation.
646221 Near CA-62 Vidal, CA 92280
80 Acres Lot
Key Details
Sold Price $25,953
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 494954
Sold Date 08/16/22
HOA Y/N No
Lot Size 80.000 Acres
Acres 80.0
Lot Dimensions 2624' X 1323' X
Property Description
*** Viable Land opportunity in Vidal, CA. 80 acres the parcel offers plenty of room for any land developer. The site is strategically located just north of CA-Hwy-62 and not far from highly traveled Vidal Junction. Not to mention very close to a CA aqueduct. 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: 33% down payment 5% interest amortization over 30 years due in 10, 50% down payment 3% interest amortization over 30 years due in 10, 75% down payment 1% interest amortization over 30 years due in 10. This is a must see opportunity before it's too late. *** Can use GPS coordinates 34.174154, -114.666054 to help find the parcel. ***
*** Viable Land opportunity in Vidal, CA. 80 acres the parcel offers plenty of room for any land developer. The site is strategically located just north of CA-Hwy-62 and not far from highly traveled Vidal Junction. Not to mention very close to a CA aqueduct. 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: 33% down payment 5% interest amortization over 30 years due in 10, 50% down payment 3% interest amortization over 30 years due in 10, 75% down payment 1% interest amortization over 30 years due in 10. This is a must see opportunity before it's too late. *** Can use GPS coordinates 34.174154, -114.666054 to help find the parcel. ***
Location
State CA
County San Bernardino
Area Vidal (92280)
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Jeffrey Nyal • Coldwell Banker Home Source