$55,0009.69 Acres
For Sale
For Sale
$55,0009.69 Acres
For Sale

0 Richardson Road, Adelanto, CA 92301 - San Bernardino County

Undeveloped
Static Google Map
Property ID 22911575

Land/Lot - Adelanto, CA

Income-Generating 10-Acre Land Lease Opportunity with Solar Company

Exceptional investment opportunity! This 10-acre property is currently leased to a solar company, generating $12,000 per year in rental income. The lease term is 20 years, with an option for an additional 20 years.

The solar company has a secured contract with LA Power to sell its generated electricity, with payments set to begin on 01/01/2026. However, due to financial delays, LA Power has postponed the electricity connection until 2028 or earlier. During this period, the solar company requests reduced annual payments of $3,000 for 2-3 years.

Once the electricity connection is established (expected in 2027 or 2028), the solar company will resume the full $12,000 annual payment and has committed to purchasing the property for $100,000.

Seller is offering this 10-acre parcel now for just $55,000—don't miss this incredible opportunity!

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact Seller

EXP REALTY OF CALIFORNIA INC

License #02077517

San Ramon, CA

(909) 674-4209
Listing provided by
MOHAMAD LABABIDI
EXP REALTY OF CALIFORNIA INC(888) 584-9427
Source: ListHub, MLS# CV25057560
Listing status: Active
Listing last updated: March 16, 2025 at 6:42 AM
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MOHAMAD LABABIDI

EXP REALTY OF CALIFORNIA INC
(909) 674-4209

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MOHAMAD LABABIDI

EXP REALTY OF CALIFORNIA INC