2 Acres Borrego Springs, CA 92004
- Land
- 968.00 lot acres
Current Use by Public Records
- Land
Property Details for 2 Acres
- Lot size
- 968.00 lot acres
- Property type
- Land
Description
This exceptional investment opportunity encompasses two contiguous parcels totaling 968 acres in Borrego Springs, California (APN: 018-170-001 & 018-170-019). The property, zoned S-2 (Open Space/Preservation), presents significant potential for solar energy production and related ventures. Parcel 018-170-001 comprises 648.20 acres, while parcel 018-170-019 adds another 320 acres. The land's strategic location near an existing solar field ensures ample sunlight, making it highly suitable for large-scale solar development. The S-2 zoning allows for a variety of uses beyond solar, further enhancing the property's versatility. Government incentives and rebates are available to support energy generation projects, offering additional financial advantages to the buyer. The asking price is $2,420,000, translating to $2,500 per acre. This represents a compelling opportunity to capitalize on the growing renewable energy sector in a prime desert location. The property is situated in Imperial County, CA, zip code 92004, with coordinates 33.2566501 latitude and -116.3749797 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Borrego Springs
- County
- Imperial
- State
- California
- Longitude
- -116.375
- Latitude
- 33.2566
