NOT LISTED FOR SALE

Par. 18 Oak Creek Rd Mojave, CA 93505

38 Acres
-- Price per Acre
1,645,697 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $225,000

386 Days on Market

About This Lot

As of July 2022

This investment property is leased to a major wind energy company until 2081. The lease can be assigned to a new owner. There are currently seven operating wind turbine generators on the property that produce significant income. The wind turbine generators are excluded from the sale, they are owned by the lessee. There is a minimum guaranteed annual lease income with built in CPI increases or a percentage of the gross income received by the Wind Farm Operator, which ever is more. This is a good long term investment with minimal management and expense's.The State of California has mandated that a certain amount of renewable energy be produced in increments up to one hundred percent by 2045. The property is being sold AS IS WHERE IS,WITH ALL FAULTS.A potential buyer is urged to do their due diligence to determine if the property is suitable for them prior to buying.

Last Agent to Sell the Property

Dwain Mullette

Coldwell Banker Frontier License #00368616 Listed on: 02/23/2021

Coldwell Banker Frontier

Last Buyer's Agent

Dwain Mullette

Coldwell Banker Frontier License #00368616 Listed on: 02/23/2021

Coldwell Banker Frontier

Property Details

Property Type

  • Land

Lot Details

  • 37.78 Acre Lot
  • Unpaved Streets

Utilities

  • Not Connected to Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 22428118

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 37.7800
  • New Construction: No
  • Special Features: None

Interior Features

  • Broker Approved: Yes
  • Property Subtype2: Other
  • Disability Access: Unpaved, 4 WD Recommended, Private

Exterior Features

  • Fencing: None
  • Pool Private: No
  • Price Per Acre: 5955.53

Utilities

  • Electricity On Property: No
  • Sewer: None
  • Water Source: None
  • Gas Company: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1645697.00
  • Parcel #: 22428118
  • Zoning: A
  • ResoLotSizeUnits: Acres
  • MixedZoning: Yes

Rental Info

  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00.001-08:00

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Lot: 18
  • Tax Tract: 0000

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $225,000 0.0% --
06/22/2022 06/22/22 Pending -- -- --
02/23/2021 02/23/21 For Sale $225,000 -- --
Source: Tehachapi Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tehachapi Area Association of REALTORS®

MLS Number: 9982999