659221 34 Near Front St, Needles, CA 92363

Property Description

*** Land opportunity in Needles, CA. 160 acres the parcel offers plenty of room for any land developer. The site is strategically located just south of Front St, and not far from well traveled Interstate 40. Tons of possibilities for the site and an ideal location for renewable energy sources such as solar or wind generation. CA Senate Bills 1078, 107, and X1-2 along with Executive Order S-14-08 being signed into law, will require electricity retailers in CA to adopt Renewable Portfolio Standards (RPS). An RPS goal of 33% will be required for all energy sales to be met by the end of 2020. In addition, Senate Bill 350 is intended to move electricity retailers to a 50% RPS goal by 2030. These requirements make this property worth serious consideration as demand for renewable energy sources rapidly increases. Seller will carry with easy terms 33% down 7% amortization over 30 years due in 10, 50% down 5% amortization over 30 years due in 10, 67% down 3% amortization over 30 years due in 10. Can use GPS coordinates 34.831478, -114.690991 to help find the parcel. ***