Olancha CA Land for Sale
$6,000,000
0 Olancha Out of Area, CA 93549
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 640 Acres
- Baths:
- MLS#:
- 202203022
ADDITIONAL INFORMATION
APN # 033-060-14 is a 640-acre parcel of land located in Olancha, California, 93549. The property is subject to Bureau of Land Management (BLM) restrictions, but it has been identified as suitable for solar energy development and recreational use. Additionally, the property has been assessed for the presence of silica sand, adding potential value to the land. A proforma was completed for the property in 2019, providing an analysis of its potential financial performance and development opportunities. As of the most recent information available, there is an executed option lease agreement in place for the property, with a total lease sum of $23,997,349.26 over 39 years. Given its size and the opportunities for solar energy development, recreational use, and potential value from silica sand, this property presents a significant investment and development opportunity.
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Olancha Real Estate
The median home value in Olancha, CA is $235,500. This is lower than the county median home value of $441,900. The national median home value is $338,100. The average price of homes sold in Olancha, CA is $235,500. Approximately 66.67% of Olancha homes are owned, compared to 10.75% rented, while 22.58% are vacant. Olancha real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olancha real estate agent to arrange a tour today!
Olancha, California 93549 has a population of 158. Olancha 93549 is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 21.96%.
The median household income in Olancha, California 93549 is $61,964. The median household income for the surrounding county is $60,925 compared to the national median of $69,021. The median age of people living in Olancha 93549 is 60.8 years.
Olancha Weather
The average high temperature in July is 100.5 degrees, with an average low temperature in January of 31.6 degrees. The average rainfall is approximately 6.8 inches per year, with 2 inches of snow per year.