You are bidding on the price of land. Imperial County It is very close to Palo Verde land of the agricultural, close to border of Riverside County and near the Colorado River. Winning Bidder will deposit $500.00 in paypal to open escrow with in 5 days from close of auction. Buyer and Seller will pay own escrow and title fees.
Legal description
NE4 OF SE4 OF NE4 & S2 OF S2 OF NE4 & NW4 SEC 29 9 Township and Range 9S 19E
Highlights to Land:
GOLD MINE- Located between 12 and18 miles south of the property is the second largest gold producer of the low grade ore in the state of California and Gold prices have soared and will continue to soar!! price of a oz was $1048.00 up over $136.00 in the past year. This property was my fathers and I have a letter that dates bac1994 highlighting the land from a near by owner the mine location is approx 12 -18 miles south:
WATER: Water shed from Chocolate Mountains and Black Hills to the West and Mule Mountain and Palo Verde to the east form a good basin approx 350' deep. A well drilled for property nearby but not on the land was a little brackish at 350; and got a little saltier as it was deepended untill driling through a cap rock at 700; where a very good and plentiful aquifer with clean, soft water.
GEOBEDS: The property is rich with geodes and other rocks and minerals this land comes with a percentage of mineral rights as stated in the legal description. ( when the title a report is will tell what percentage as I can see it looks like 75% mineral rights, but title will have to confirm.
COLORADO RIVER: The property is located just a few miles to the west of the Colorado River which is being used to irrigate more and more property!
BLM Bureau of Land Management State of California is restricting recreation and uses on thier public land, and is giving ROW for Solar projects with this making private ownership very appealing!
REDEVELOPMENT: Imperial county is in a redevelopment area and close to the solar grids a future of our solar energy! This parcel has 210 Acres and is close solar projects. Great investment there is only so much land that can be built for solar and wind and this land is right there. There is a major push for solar going on because Govenor of CA and President Obama have given the timeline by 2010 to be 35% solar. This is the land check all the website link for more information on Solar visit http://online.wsj.com/article/PR-CO-20090504-901609.html or http://solareis.anl.gov/
Imperial Valley a diverse and rich collection of Resources in the form of Human Power, Infrastructure and Economic Development.
The climate is hot and dry, ranging from lows in the mid 30's in January to highs of 110+ in July and August (mean temperatures: low-55.0; high-89.6), with little moisture (average annual rainfall: 2.92 inches; 25 percent average relative humidity).
Imperial County extends over 4,597 square miles, Riverside County to the north, San Diego County on the west, and the State of Arizona on the east. The terrain varies from 235 feet below sea level at the Salton Sea to 4,548 feet at Blue Angel Peak. Seller is licesed RE Broker.
History and Facts
Imperial County, originally part of San Diego County, was founded August 7, 1907. The area was visited as early as 1540 by Hernando de Alarcon, discoverer of the Colorado River. It was further explored by Spanish explorers and Catholic friars. Settlements existed along the Butterfield Stage Route as early as 1858, but no real development took place until water was brought into the area in 1901.