$350,000
$450,000
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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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