Gila Bend Solar Property with other opportunities

$1,225,000.00

Details

• Available

PROPERTY DESCRIPTION

Gila Bend property with a solar option agreement in place. Take advantage of a yearly payment with the possibility an option to purchase 61.14 acres of the property at $13,000 per acre. Remaining will be 6.5 acre “hoop” structure with a residence and office adjacent to the hoop, acre well corridor and working AG well, 1.3-acre greenhouse building with water tanks, offices and in ground cement structures formerly used as a shrimp farm.

Land

72.06 total acres in the town limits of Gila Bend Arizona.  The property, made up of two parcels, is currently being subdivided to accommodate the Solar option and leaving out the existing structures.  Zoning information to be verified by the Buyer.

Improvements

The property was once a shrimp farm.  It has one “Hoop” structure with an adjacent living quarter with office. On the western end of the property is the greenhouse and office building that contains the in-ground shrimp tanks.

Water/Mineral Rights & Natural Resources

61.14 acres has a solar option on the property.  $25,000 payment every year under a 60-month agreement.  Should the option be exercised the purchase price shall be $794.820.  The Seller will sell this portion of the property individually for $750,000.00.

History

The Seller will sell individual parts of this property once the subdivision is complete.  You may see multiple listings on this property highlighting the different entry points available on this property.

Property Summary $1,225,000.00

Beds 1

Bath 1