0 SE of Old Spanish Trail Hwy and Tecopa Rd (Portfolio)

Vacant Land for Sale
Catylist Listing ID: 30381666
Gross Land Area: 1,280 Acres
Sale Price: $7,500 Per Acre
Total Price: $9,600,000
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/19/2019

Overview / Comments

Industrial/Renewable Energy Development Site.
Two 640-acre parcels available totaling 1,280 acres

The California acreage has California riparian rights, which generally allow land owners to have full use of the water that can reasonable be used under the land. Historic “Old Spanish Trail” passes through one part of this property. South border of the California land designated as federal Wilderness Land. No off road vehicles. 17 miles of 4 lane divided highway to Las Vegas. 9 miles to Pahrump by dirt road; 24 miles by paved road. Existing power lines cross several parts of the property. 48.5 miles to the Las Vegas strip. Only large private parcels available this close to Las Vegas. Part of the land is subdivided into 20 acre parcels. The Inyo County board of supervisors appear to be amenable if reasonable development plans include appropriate infrastructure and a good land plan. No known environmental impediment to property development. Ideal for development and features a flat landscape, close to Las Vegas. Includes power, water, and paved roads

Additional Details

Nearest MSA: Undisclosed
County: Inyo
Tax ID/APN: 048-120-01

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Photograph of Listing Agent

Herb Grabell, SIOR

Kidder Mathews Not a member of DACIE

Sponsoring Organization

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