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Wind Generation Potential

United States /California, 55th St W & Real Street, 93501, 10

Listing ID :

71361501

MLS ID :

1251351

Acres :

10 Acres
$60,000

View Agent's Properties and Profile:

Ron Halcrow

Contact Seller

Property Description

This is one of two adjacent 10-acre parcels that are located within an operating Berkshire Hathaway Wind Farm. The property was previously leased by the wind farm developer but failed to obtain a royalty generating wind turbine when an adjacent land owner refused to participate. That issue is being resolved and a wind turbine that would generate royalty payments has now become feasible. The owners do not have time to wait and would prefer to sell now. For an idea of the upside, a similar 20 acres with two wind turbines is up for sale for $1.5 million at a 4% cap rate.

Basic Details

Property Types:

Acreage

Listing Type:

For Sale

Listing ID:

71361501

Price:

$60,000

Acres:

10 Acres

Features:

Electricity

Address Map

Country:

United States

State:

California

County:

Kern

City:

Mojave

Latitude:

35.014733892836176

Longitude:

-118.22947682148671

Street Address:

55th St W & Real Street