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50th St W

30 Acres of Commercial Land Offered at $1,500,000 in Mojave, CA 93501

Investment Highlights

  • This lot include 2 Turbines and has over 34 year lease .the cap rate is 4 percent, an excellent investment.

Executive Summary

Want to own an investment property? Here is a 30 acre lot in the Mojave desert NW of the 14 FWY and Silver Queen Rd and sits on a Wind turbine farm , the Alta Wind Energy Center. This lot include 2 Turbines and has over 34 year lease .the cap rate is 4 percent, an excellent investment . Own this land and you will receive a nice yearly income.One of the owners is a CA licensed agent.

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Agricultural
Total Lot Size 30.00 AC

1 Lot Available

Lot

Price $1,500,000
Price Per AC $50,000.00
Lot Size 30.00 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 237-464-04-00-0
  • 237-464-06-00-6
  • 237-464-03-00-7
Land Assessment
$136,530
Improvements Assessment
$0
Total Assessment
$136,530
  • Listing ID: 30937520

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 50th St W, Mojave, CA 93501

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