Vidal, CA 92280,646221 08 Near CA-62 HWY
$25,953
$62,000
58.1%
Est.Price: ?

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80 Acres Lot

646221 08 Near CA-62 HWY Vidal, CA 92280

Est. payment /mo
SOLD DATE : 08/16/2022

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Key Details

Sold Price $25,953

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CR494954

Sold Date 08/16/22

Originating Board California Regional MLS

Lot Size 80.000 Acres

Property Sub-Type Other Residential 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. ***

Location

State CA

County San Bernardino

Exterior

View Valley, Other

Others

Tax ID 0646221080000

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Jeffrey Nyal • Coldwell Banker Home Source
Bought with Jeffrey Nyal

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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