Property Listing No Longer Available for Sale

Highway 62, Desert Center, CA

Land for Sale - $8,500,000 - 3324 acres


Property Info

CIMLS#727043
Location
  Highway 62
  Desert Center CA 92239
UpdatedSeptember 9th, 2019
TypeLand
Price$8,500,000
Land3324 acres

Property Description

PRIME SOLAR APPROVED Land, WATER PRODUCTION facility potential RAIL ACCESSIBLE to NORTH AMERICAN FREIGHT RAIL SYSTEM Existing Rail Lines Provide for Manufacturing Facilities & Industrial Storage Uses: Development & Transmission of Elec. Power & Gas, Hydroelec. Power Plants, Booster or Conversion Plants & Surface Mining Area Wind Conditions Capable Of Producing Elec. For Wind Generators TRANSPORTATION HUB/ RAIL-Truck Terminals, Airport WATER +/- 3500 gpm avail, Gas, Electric & Telephone Water Quality Test in Progress � 3,324 Ac With � 2.75 Miles Hwy 62 Frontage Assessor's Parcel Numbers: 801-042-004; 801-062-012; 801-070-005.

Call Broker for a Complete Package. So. Side of, and Adjacent to, Hwy 62 No. of I-10 E of Hwy 177 Approx. 35 Miles W Of Parker, AZ Riverside County Thomas Guide Page 391 L1 & L2

Property Description:

The Rice Airfield is completely flat, slightly sloping to the Southeast, �previously disturbed land�, with ample water

approximately 7 miles from the approved transmission tie-in location; measured and documented intense sunshine coverage,

and the proven ability to gain all necessary California Energy Commission Approvals for construction of a 150MW CSP facility.

The Bureau of Land Management recently suggested one way to proceed getting the Rice Solar Site built and onto the Existing

Grid System in today�s market; could be to divide the property into three (3) smaller separate photovoltaic electricity facilities.

EACH facility �Under Fifty (50) Megawatts�; according to BLM, (49 Megawatt Photovoltaic Electricity production facilities can be

Approved by the county without needing the California Energy Commission�s Review or Approval) � taking years off of the

normal approval process and minimal worries about being able to get your power onto the grid system.

Recent Solar Permitting:

SolarReserve completed their Application for Certification (AFC) and obtained all required approvals to build a Solar project

capable of generating 150 MW using Concentrated Solar Power (CSP) with molten salt storage capability; they also had a PPA

in place with PG&E and the Interconnection Right of Way (ROW) approved by the BLM, but the impending expiration of the

30% Investment Tax Credit (ITC) at the end of 2016 made it impossible for SolarReserve to put their project in service before

the ITC expired, as required. However, the federal law was subsequently changed and the 30% ITC and the construction

deadline have now been extended to the end of 2019.

Information: Brochure http://naicapital.com/riverside/slisk/3324ac/index.html

Documents www.energy.ca.gov/sitingcases/ricesolar/documents/index.html

Application For Certification AFC) http://www.energy.ca.gov/sitingcases/ricesolar/documents/applicant/afc/

Rice Solar Energy Project overview www.energy.ca.gov/sitingcases/ricesolar

Water:

Two wells were drilled; studies show plentiful water for any size development. YouTube video taken during the 24-hour well

pump test performed on August 20, 2008. AFC - Water Resources -Section 5 (24 pages)


Financials