Rosamond, CA 93560,Tehachapi Willow Springs RD
Rosamond, CA 93560,Tehachapi Willow Springs RD
Rosamond, CA 93560,Tehachapi Willow Springs RD
Rosamond, CA 93560,Tehachapi Willow Springs RD
Rosamond, CA 93560,Tehachapi Willow Springs RD
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$350,000

$450,000

22.2%
Est.Price: ?

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Est. payment /mo

160 Acres Lot


SOLD DATE : 01/23/2025

Key Details

Sold Price $350,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24008706

Sold Date 01/23/25

Originating Board Greater Antelope Valley Association of REALTORS®

Lot Size 160.000 Acres

Acres 160.0

Property Description

160 acres generating wind turbine income, with more than 10 years of historical payments that have been much greater than the minimum annual guarantee of $40,000. Lease was recently extended until 2059 with a 20% increase in production rate beginning January 2025. Annual production rate to increase 1% annually beginning January 2028. Located in the hills between Rosamond and Tehachapi, these parcels, which include two APN numbers of 80 acres each, add to the value of the steady income. Appraisals are in at a much greater value than the list price. Serious buyers will be furnished lease information, royalty reports and payment history. APN numbers are 476-051-06 and 476-051-07

Location

State CA

County Kern

Zoning Industrial

Direction See photos and use latitude and longitude

Exterior

Street Surface Dirt

Building

Structure Type Comments

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+1(661) 400-5671

mellytheagent@gmail.com

California, United States

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