646221 Near CA-62 Highway $113,400

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    646221 Near CA-62 Highway Vidal, CA 92280

    • 80.00 Acres
    • Land
    • MLS# 494954
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    Views: 10 Days On Site: 1186

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    Property Details

    *** 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. 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. Can use GPS coordinates 34.174154, -114.666054 to help find the parcel. ***

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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $113,400
    1/23/2018 4:44:00 PM New in Database Source New Value: $113,400

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    **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the High Desert MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.