For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $130,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19237452
Sold Date 12/22/20
HOA Y/N No
Lot Size 10.000 Acres
Property Description
1/2 the Price of comparable properties! Only $15,000 per Acre! Possible Hemp or Cannabis Farm. Rare Find! 10-Acres of Organic Farm Land that has never been farmed. Adjacent to Pepper Ridge Farms, Agri-Future Orchards and Crystal Organic Farms. Adding a water tank on the property can give you access to water. (NOTE: you cannot purchase water from other Arvin-Edison Water Co customers) The area is well suited for farming because of the temperate climate with protection from the nearby mountains. Great access with Hwy 58 only about 10-minutes away. Bakersfield is about 20-25 minutes to the NW. RTF (ready to farm) land typically sells for $25k to $30k per acre in the area for large parcels. Greenhouses can be built on the land for growing indoors. Having a mobile home or employee housing on the property may be acceptable, check with building and planning departments. Some area farmers believe prices will rise to $50k per acre due to recent increased demand for land to grow Hemp. Fantastic price of only $150,000 ($15,000 per acre) May consider a Seller Carry Back with 50% down. Great opportunity to grow hemp! Includes Mineral and Water Rights! GPS Coordinates are Kern Co California 35.286583,-118.796957 or GPS 7958 Rockpile to get to the corner house at Rockpile and Mountain View. Call for details on getting to the lot.
Location
State CA
County Kern
Area Arvn - Arvin
Zoning A FP
Interior
Fireplace No
Exterior
Community Features Rural
View Y/N Yes
View Mountain(s), Reservoir
Building
Lot Description Agricultural, Orchard(s), Value In Land, Mineral Rights
Water Other, See Remarks
New Construction No
Others
Senior Community No
Tax ID 17912012003
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with General NONMEMBER • NONMEMBER MRML