$199,000

0 Near So Cal Gas Pipe Line Road

Needles CA, 92363

Description

*** Land opportunity in Needles, CA. 80 acres the parcel offers plenty of room for any land developer. The site is strategically located in between Hwy-95 and Interstate-40. Also very close to SoCal Gas Company pumping/processing station. 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. Seller will carry with easy terms 33% down 7% amortization over 30 years due in 10, 50% down 5% amortization over 30 years due in 10, 67% down 3% amortization over 30 years due in 10.***

Details

MLS# 494016
Listing Type For Sale
Sub-Type Resale
Status Active
Days On Site 476

Features

Zoning RC Resource Consrvat
Acreage 80.00
Property View Desert

Market Activity 92363

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Area Information
State CA
County San Bernardino
City Needles
Zip Code 92363
Area California