Showing posts with label california land for sale. Show all posts
Showing posts with label california land for sale. Show all posts

Friday, March 3, 2017

Low Priced Lancaster, Ca. Property for Sale

We have been posting news about Lancaster and Palmdale developments since 2007. Not only do we try to inform our readers about developments in the Antelope Valley we also promote some property with investors we work with. Here are a couple of properties we are happy to submit for prospective investors. These parcels are priced at the low end of the market at recently sold price ranges. This property is located at 40th Street East at H-8. It is zoned RR-1 allowing 2 homes on this 2.5 acre parcel. Asking $50,000 which is commensurate with recent sales. Contact sales@vacantlanddeals.com for more information The second property is located at 43rd street East at Ave H. It is just under 2 acres fronting on H which is paved with power. The city limits of Lancaster ends at 40th street. There is also a home across the road. Ideal parcel to buy and hold. They are asking only $15,000 which again is similar to recent sales in this area. Contact sales@vacantlanddeals.com for more details If you know someone who is interested in promoting on our blog please let us know.

Monday, April 2, 2012

Wind Energy Projects have been a Challenge for Developers in Antelope Valley, Ca.

Many Antelope Valley residents are not excited over green energy projects underway for both Wind and Solar Energy. Many residents indicate that Wind Turbines would ruin the area's ambiance and harm the environment and the landscape will be changed forever.

The Antelope Valley energy companies want abundant lower priced land and lots of sun and wind. The sun scorches this landscape for at least nine out of 12 months and the wind gusts are reliable and steady.

Two solar projects have already been approved for unincorporated Los Angeles County. Eight other renewable energy projects have been proposed. The Wind Energy players NextEra Energy Resources and Element Power US want to build utility-scale wind turbine facilities that would tower hundreds of feet high.

According to the Los Angeles Times in a recent article the project manager for Element Power's proposed Wildflower Green Energy Farm. "Between 4 p.m. and 7 p.m. the winds reach their highest peak, and it falls in line when the electrical grid has highest demand."

Element wants to use 4,000 acres of private land next to the poppy reserve for some 50 wind turbines almost 500 feet high. Each turbine would produce enough electricity to power up to 2,000 homes.

NextEra is proposing 90 turbines on about 7,000 acres in the northwestern Antelope Valley. This area has been identified by the California Energy Commission as suitable for large-scale wind and solar power developments. This is over an above Alta Wind Energies mega project of up to 1000 turbines in Tehachapi, Ca.

Resident fears once one large turbine project is approved then many more will be proposed. Solar panels are four to six feet above ground while the turbines will be hundreds of feet high. Home owners in Antelope Acres and Kings Canyon area argue that erecting wind turbines near homes would spoil views. They are also noisy and can devalue home prices. There are issues with large blades sparking fires, killing of birds and damaging wildlife habitat.

Element power has indicated that they have done habitat studies and they feel wildlife will not be adversely affected. They will also dedicate 320 acres for permanent conservation. Next Era also feels the turbines will have a minimal effect on wildlife.

We have helped introduce a number of property owners to solar and wind developers and consultants. Contact vacantlanddeals.com if you have property that maybe of interest to alternative energy developers.

Tuesday, June 2, 2009

The Auction Option

There are a number of ways to buy land, and sell land at a good price range. The MLS (multiple listing services) is the most common means via a broker. A broker can guide the buyer and seller through the process. A new more risky means is buying via an auction. There are many private auctions and county auctions where land is sold. We have found in both private and public auctions the selling prices can be favorable and unfavorable. A buyer needs to be well informed regarding land before potentially losing capital in a bad purchase.

Several years ago during market highs we witnessed a County auction where prices raised twenty to fifty percent above retail. Buyers were overbidding land for greater prices then they could have negotiated from the local MLS. These auctions can create a price frenzy to buy a property that a purchaser feels is the best property on the list. The reality is there are many decent properties available at auctions if you have performed your due diligence. A buyer should have a specific maximum price range and stick to it. We have also found where auctions list parcels which are street easements, ally's, mountain sides, and flood zones. An uninformed buyer will overbid and they are left holding a useless property in many cases.

The professional auction bidders have aerial maps, plat maps, real estate software, and historical information on properties and have viewed the property. The professional investor has typically "walked the property", so they know what they are investing in.

Beware the auction option, since you should know what you are investing in. In many cases you can hire a professional to buy for you at the auction. You pay a small commission and they can do the research and bid for you in you name. You could own a well priced investment, or own an unsellable piece of land. Buyers beware the auction.

Sunday, October 26, 2008

Where is the real discount land for sale?

Many of our readers and prospective clients have searched on the Internet for discount land. This is easier typed then done. There are a number of vacant land dealers which can be found on a simple Internet search, but who is getting the deal? A number of these land promoters are implying that their land is at a discount, but after review we found different results.

Some Online land sites which promote land in Northern Los Angeles County indicate their land is at a discount, but we found high prices in our comparison. We looked at three land sites in Lancaster and Palmdale Ca. Two very similar parcels at 190th East at J. The website lacountyland.com is promoting a 2.31 acre property for $39,900, while vacantlanddeals.com promotes the 2.31 acre property next door at 190th East at I-14 for $18,500. Half price for the same property, wow. Another example is where california-land.com is promoting a 2.5 acre property at 65th West at H-8 in Lancaster for $110,000, while vacantlanddeals.com is promoting a similar 5 acre parcel at 62nd West at F-4 for $110,000. That's twice the parcel for the same price. Vacantlanddeals clearly has the discounted land here, and they do promote their prices as ten to twenty percent below the retail market. These are just a couple of examples, but it shows there are drastic differences in pricing on online sites.

Buyers need to do their due diligence on properties before they buy. If there is a property you desire then there may be a similar property elsewhere for a better price. An informed buyer needs to be aware of the land prices to ensure they are getting a good price in an up or down market. They also should do their best to verify all the details regarding a properties zoning, access, title issues, and location to services. We hope to help in this matter by continually informing buyers of opportunities and information that we feel you need to know.