Property details

Southern California Land Bank Property For Sale, Pacific West Region

Property Description

Southern California Land Bank Property For Sale

This is a Private, Confidential and Off-Market Offering. This property is quietly being offered and is not being widely marketed on commonly used large listing services.

Losing out on properties as fast as you see them? Tip: Shoot first, then aim later. If a property hits most of your high points, move to lock it up first with our Non-Binding Letter of Intent ("LOI") rather than over-analyzing then losing the property when ready to pull the trigger. Email or call us at (800) 664-1031 to request that we send you our buyer-friendly LOI.

This is an ideal buy and hold (land bank) property to buy and hold until the market turns around.

Large land parcel (1200 acres) for sale.

This is the largest family owned land parcel in Southern California.

Not on the open market or actively marketed.

Every development company including the State has been trying to purchase this parcel.

The family is very well to do and have owned the parcil since 1917.

The owners would exit for around $24 million (approx. $17,000 per acre).

The property has an oil lease on the property as well.

If a buyer wants the mineral rights, they need to pay around $27 million.

Many properties are not shown on our website. Please let us know your full Acquisition Criteria. We will go through all of our on and off-market properties and cater a unique list of available properties for you. Send your detiled acquisition criteria to [javascript protected email address]

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Highlights

Status:
Withdrawn
Price:
$24,000,000
 

Property Information

Property Type:
Land
Industry Type:
Land
Units/Spaces:
1
Land Area:
1,200.00 acres
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.