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Spenceville - Spenceville Road 51 acres

51.26 Acres of Commercial Land Offered at $1,495,000 in Wheatland, CA 95692

Investment Highlights

  • main corridor serving Beale Air Force Base with thousands of employees
  • region is growing rapidly with industrial distribution uses, housing is needed

Executive Summary

Possible solar - Property is adjacent to 2 PG&E transmission lines.
• Smartville-Nicolaus 60kv
• Smartville-Camp Far West 60kv
The Johnson Rancho and Hop Farm Annexation Project consist of approximately 4,149 acres. The Johnson Rancho properties include approved General Plan land uses, pre-zoning and Stage One design guidelines, within the City Limits of Wheatland.

Property Facts

Price $1,495,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 51.26 AC
Cross Streets Eric Lane

1 Lot Available

Lot

Price $1,495,000
Price Per AC $29,165
Lot Size 51.26 AC

Possible solar site The Subject is designated LDMR which allows 4.1dwelling units per acre, yielding up to a projected 210 single family units on the site. Alternatively, the Subject is bounded on the north by a subdivision of 5 acre ranchettes.

Description

The property consists of two parcels, totaling 51.26 acres. The area is annexed to the City of Wheatland, planned for single family residential up to 4.1 units per acre, but is also bordered by a subdivision of 5 acre lots, which could be a great near term development plan to consider. Also potential as a solar site. Property is adjacent to 2 PG&E transmission lines. • Smartville-Nicolaus 60kv • Smartville-Camp Far West 60kv

  • Listing ID: 26837105

  • Date on Market: 10/12/2022

  • Last Updated:

  • Address: Spenceville, Wheatland, CA 95692

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