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NA NA - Leased and operating solar farm, 10 acres, 10 Acres of Industrial Land Offered at $55,000 in Rosamond, CA 93560
INVESTMENT HIGHLIGHTS
- Operating Solar Farm
- No maintenance
- Steady Income
EXECUTIVE SUMMARY
Term: 34.9-year term ending in 2047
Price for the 10 acres: $55,000
Seller will share escrow fees
The land is leased and inside a completely fenced off solar farm.
The land cannot be used for additional purposes while it is being leased for the operating solar farm.
We are selling the 10 acre property with the associated solar lease attached, including ongoing lease payments. The solar company is required to remove the solar equipment at the end of the lease, unless the lease is renewed by mutual agreement.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $55,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Condition | Ground Lease (Leased Fee) | Total Lot Size | 10.00 AC |
| No. Lots | 1 |
| Price | $55,000 |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leased Fee) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 10.00 AC |
1 LOT AVAILABLE
Lot
| Price | $55,000 | Lot Size | 10.00 AC |
| Price Per AC | $5,500.00 |
| Price | $55,000 |
| Price Per AC | $5,500.00 |
| Lot Size | 10.00 AC |
For Sale: 10 Acres within an operating solar farm. Kern County CA The solar farm is operating, cash flowing, and maintained by a large solar company. The lease term is 34 years, 11 mo. Lease started May 12, 2012, with approx 23 yrs to go.
DESCRIPTION
10 acre cash-flowing property located in the Catalina Solar 2 Project, which has been operational since 2015. Catalina Solar 2 is a 24.3 MW project located in Kern County. Cash Flow: Currently paying $3,500 per year, rising to $4,500 per year towards the end of 2025, and $5,500 per year in 2035 Price for the 10 acres: $55,000 Land owner must pay Kern County property taxes which were $496 in 2024. Seller will share escrow fees We are selling the 10 acre property with the associated solar lease attached, including ongoing lease payments. The solar company is required to remove the solar equipment at the end of the lease, unless the lease is renewed by mutual agreement.
PROPERTY TAXES
| Parcel Number | 475-171-06-00-7 | Improvements Assessment | $0 |
| Land Assessment | $66,300 | Total Assessment | $66,300 |
PROPERTY TAXES
Presented by
CP Land Holdings, LLC
NA NA - Leased and operating solar farm, 10 acres,
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