62 Rice Ca Vidal, CA 92280

Property Details for 62 Rice Ca

Lot size

3,324.00 lot acres

Property type

Land

Property subtype

Industrial properties

Description

Exceptional investment opportunity: 3,324 acres of agricultural land in Rice, California, offered at $25,000,000 ($5,500 per acre). This expansive property, located on Highway 62 with approximately 2.75 miles of road frontage, boasts a W-2 (Controlled Development) zoning designation. The land is relatively flat, gently sloping southeast, and previously disturbed, making it suitable for various large-scale projects. The site features ample water resources and is situated approximately 7 miles from an approved transmission tie-in location. Extensive sunshine coverage has been documented. The property's prior use and location have demonstrated the ability to secure all necessary California Energy Commission approvals for substantial energy projects, such as a 150MW Concentrated Solar Power (CSP) facility. The Bureau of Land Management has suggested a strategy to expedite development by dividing the property into three smaller photovoltaic facilities, each under 50 megawatts, potentially bypassing lengthy California Energy Commission reviews and ensuring grid access. The property is also conveniently located near the North American Freight Rail System, providing excellent transportation access. APN: 801-042-004 801-062-012 801-070-005. This fee-simple ownership presents a unique chance to capitalize on the region's potential for renewable energy and other large-scale developments.