- Utilities: Electric meter; Adjudicated Water Well (needs pressure system. According to the local well company who completed the work, the current system on the property would now cost an estimated ±$47,000 to install.)
- Ideal for farming or ranching
- Potential for diverse development opportunities
- ±2.6 miles north of I-40, ±5 miles south of I-15, ±0.3 miles west of paved Mineola Rd, ±5 miles northeast of Barstow Airport
**BUYER MUST COMPLETE OWN DUE DILLIGENCE OF PROPERTY DETAILS**
Description
**BUYER MUST COMPLETE OWN DUE DILLIGENCE OF PROPERTY DETAILS**
Investment or Owner/User opportunity in Newberry Springs, CA. This property is zoned for Agricultural use, offering potential for farming, ranching, and various agricultural/residential activities. With a prime location between the I-15 and I-40, this property presents a rare chance for Land/Other investors to capitalize on diverse development opportunities in the area. Its proximity to the Newberry Springs area can provide potential for long-term growth. Secure this prime investment, tailored for agricultural ventures and the forward-thinking investor.
4.73 acres Agricultural Land with electric meter and adjudicated water well
Lot Size: 4.73 acres
Map of 40667 Summerset Road, Newberry Springs, CA, 92365
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
