646221 08 Near CA-62 Highway, Vidal, CA 92280

$25,953
Sold Price
$25,953
List Price
$62,000
Closing Date
Aug 16, 2022
Status
Closed
MLS#
494954
Lot Size
3,484,800
Lot Location
Gentle Sloping, Level
Days on Market
1629
Property Type
Land

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. ***

Additional Information

View
Desert, Valley
Sewer
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeffrey Nyal (jeffnyal@gmail.com) from Listing Office: Coldwell Banker Home Source.

Selling Office: Coldwell Banker Home Source.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.