14 20 Street West & Marie Rosamond, CA 93560

Listing office Rich Estate Properties m***@yahoo.com Show Phone

Listing date Aug 23, 2023

Source Crexi

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Investment Insights

Based on property information with market context.

This property features 25+/- acres situated directly on Highway 14, offering 1327 feet of highway frontage. A portion of the property generates an annual income of $31,827.00 from solar energy production, with a scheduled increase of 3.5% each year beginning March 1st. The seller will provide a detailed income schedule upon offer approval and during the due diligence period. An expired tentative tract map No. 6443 exists for 120 vesting lots, with some infrastructure improvements such as curbs and gutters already in place. The parcel is flat and buildable, presenting various development opportunities, including the potential for a billboard sign, truck stop, or solar energy facility. Located south of Rosamond Boulevard, the property is surrounded by homes to the north, south, and east, with new residential tracts in the vicinity. The world-famous Willow Springs Raceway is located within a few miles. All utilities, including water, are available in the street. The property is situated just over the Los Angeles county line. The property can be located using GPS coordinates 34.851832.

Key Highlights

• 25+\/- acre parcel with 1,327 feet of Highway 14 frontage.
• Existing income of $31,827.00/year from solar, increasing 3.5% annually.
• Flat, buildable land with potential for various uses (truck stop, solar farm, etc.).

Property Analytics

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FAQs

What type of property is this?

Alt. Energy / Solar Land - 25+/- acres on Hwy 14 with income potential.

Where is this alt. energy / solar land located?

The property is located at 14 20 Street West & Marie Rosamond, CA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 25+\/- acre parcel with **1,327 feet of Highway 14 frontage.**; Existing income of $31,827.00/year from solar, increasing 3.5% annually.; Flat, buildable land with potential for various uses (truck stop, solar farm, etc.).