As of March 14, 2012, the California Department of Fish and Game (DFG) announced that budget cuts have temporarily stopped the agency’s ability to review and approve new mitigation banking proposals statewide. The State budget cuts have created a backlog and the Department has slowed the process. DFG did acknowledge in their press release and website that mitigation banking is an important environmental tool and hopes the pause in mitigation land banking activities is short-lived. They will sign and complete bank agreements that are close to being completed, yet they didn’t indicate what it considers “close.” DFG will not, however, be approving new banking programs and stated it may not have the capacity to process major amendments to existing agreements.
This creates a great problem for smaller and new mitigation banking firms, which lack the capital to process and buy longer term. Some of the smaller mitigation bankers may have spent larger sums of capital on areas where the environmental benefits are not in delicate ecosystems for endangered plants and animals. These land bankers were buying larger parcels of land in the hopes that developers will buy the land to fulfill the environmentalist concerns. These smaller bankers will have to sell some of their land now to more deep pocket competitors or investors to stay afloat.
The mitigation business is similar to land banking business, where you buy vacant land and hold the land for buyers who need the land for later development. In mitigation banking the future buyers are developers who develop near cities growing areas and must buy “credits” to satisfy environmentalist and the state in order to develop their land today. An example would be a Mall developer, a solar or wind farm will have to buy large swaths of land and donate it to the state to preserve the land forever. Most of these parcels are in endangered animal and plant habitats like that of the desert tortoise, ground squirrel, and Joshua tree woodlands in Southern California.
We at vacantlanddeals.com have been working with several mitigation bankers who are buying land for current developers, or buying land now to mitigate bank it for future developer plans. We have hundreds of land owners on our list of potential sellers who can benefit from this mitigation wave. Contact us and we can help introduce your land to the larger mitigation bankers. Lancaster and Palmdale areas of Antelope Valley, and San Bernardino County are large target areas for land banking and mitigation banking needs. Some of the larger mitigation bankers can wait until the DFG completes its backlog or hires more employees to handle the traffic.
Showing posts with label vacant land. Show all posts
Showing posts with label vacant land. Show all posts
Thursday, April 12, 2012
Tuesday, November 1, 2011
General Probate Procedure for Real Property in California
An estate of less than $100,000 which doesn’t include real property (real estate) can be done as a mini-probate. According to attorney’s we are familiar with, it simply needs an affidavit of death, and a declaration with a description of the assets.
A Probate proceeding is necessary whenever a decease person has left assets which have not been placed in a trust or a joint tenancy before death. An estate value of less than $100,000 doesn’t have to go through a full probate proceeding. Also if the real estate is under $100,000 there is a special "small estates" procedure that heirs can use under California probate code section 13151. A full probate can take seven months or more and use up capital in legal fees, and court costs. A small probate would take two months and can be done for $1500 to $2500 with most attorneys in California. It can be a little different when assets include real estate.
In Real Estate Probate, If the property is appraised as having a value of less than $20,000 it can be taken by affidavit, which can even be done without an attorney. However, as recommended by attorneys, if the estate is worth less than $100,000 and the real property is worth more than $20,000, you will need to petition the court. If you choose to tackle a probate on your own in order to save the $1500 to $2500 legal and court fees then you may need to get into some reading such as How to Probate an Estate in California by Julia Nissley. It does come recommended via online book stores. Typically asking questions of court clerks will likely get a reply of “I can’t tell you, I am not the Judge”. Also, forget about seeing the judge.
You can likely save yourself anguish and heartache by seeking the advice of an attorney, so you essentially get a third party to handle your family affairs. We do recommend that you handle the probate as soon as possible. If you wait until you get an offer on your property it will takes months to complete the probate and the buyer may move onto other opportunities.
A Probate proceeding is necessary whenever a decease person has left assets which have not been placed in a trust or a joint tenancy before death. An estate value of less than $100,000 doesn’t have to go through a full probate proceeding. Also if the real estate is under $100,000 there is a special "small estates" procedure that heirs can use under California probate code section 13151. A full probate can take seven months or more and use up capital in legal fees, and court costs. A small probate would take two months and can be done for $1500 to $2500 with most attorneys in California. It can be a little different when assets include real estate.
In Real Estate Probate, If the property is appraised as having a value of less than $20,000 it can be taken by affidavit, which can even be done without an attorney. However, as recommended by attorneys, if the estate is worth less than $100,000 and the real property is worth more than $20,000, you will need to petition the court. If you choose to tackle a probate on your own in order to save the $1500 to $2500 legal and court fees then you may need to get into some reading such as How to Probate an Estate in California by Julia Nissley. It does come recommended via online book stores. Typically asking questions of court clerks will likely get a reply of “I can’t tell you, I am not the Judge”. Also, forget about seeing the judge.
You can likely save yourself anguish and heartache by seeking the advice of an attorney, so you essentially get a third party to handle your family affairs. We do recommend that you handle the probate as soon as possible. If you wait until you get an offer on your property it will takes months to complete the probate and the buyer may move onto other opportunities.
Wednesday, May 12, 2010
Vacant Building Gets a New Tenant
Just last month Macy’s announced it will open a store in Palmdale, CA, beginning in the fall of 2010. The single story location is 110,000-square-feet. Now Macy’s will be located in the Antelope Valley Mall at the former Gottschalk’s location, and this will be Macy’s first presence in the Antelope Valley.
Macy’s press release indicated it will offer a full range of apparel and accessories for women, men and children, as well as housewares, home textiles and luggage, and the store will employ approximately 130 associates.
The previous department store chain Gottschalks Inc had stores in California, Washington, Alaska, Oregon, Nevada and Idaho, but put itself up for sale and then filed to reorganize in a Chapter 11 bankruptcy in January of 2009. The location has been vacant for over a year now, and caused a blight in the mall.
The other anchor stores are JC Penny’s, Sears, and Dillard’s with smaller national chains like Pier 1 Imports, Men’s Wearhouse, and 24-Hour Fitness.
The Mall opened in 1990 and it actually sits above a wash of snow runoff from the neighboring San Gabriel Mountains. Land in this area sold for under a thousand an acre because of the wash, while unencumbered land sold for much much more. The city devised a wash channel via pipelines which now runs beneath today’s Mall. Prior land speculators saw the opportunity back in the 70’s and 80’s as Macy’s has found a new location for their expansion.
Macy’s press release indicated it will offer a full range of apparel and accessories for women, men and children, as well as housewares, home textiles and luggage, and the store will employ approximately 130 associates.
The previous department store chain Gottschalks Inc had stores in California, Washington, Alaska, Oregon, Nevada and Idaho, but put itself up for sale and then filed to reorganize in a Chapter 11 bankruptcy in January of 2009. The location has been vacant for over a year now, and caused a blight in the mall.
The other anchor stores are JC Penny’s, Sears, and Dillard’s with smaller national chains like Pier 1 Imports, Men’s Wearhouse, and 24-Hour Fitness.
The Mall opened in 1990 and it actually sits above a wash of snow runoff from the neighboring San Gabriel Mountains. Land in this area sold for under a thousand an acre because of the wash, while unencumbered land sold for much much more. The city devised a wash channel via pipelines which now runs beneath today’s Mall. Prior land speculators saw the opportunity back in the 70’s and 80’s as Macy’s has found a new location for their expansion.
Saturday, March 6, 2010
Los Angeles County Lands Best Renewable Sustainable Project with a Patented Solar Complex built on Pre-Developed Industrial Land
Power Engineering magazine announced this past December the selection of E-Solar’s Sierra SunTower facility as the winner of "Best Renewable and Sustainable Project" at the 2009 Projects of the Year Awards. This is an annual award where Power Engineering magazine recognizes the world's best projects in the four major categories, gas-fired, coal-fired, nuclear and renewable. The new solar power facility is the first of its kind in California.
E-Solar unveiled Sierra SunTower, which is their 5 MW commercial-scale solar power plant, in August 2009. It is located just 60 miles north of downtown Los Angeles in Lancaster California. The solar complex runs along Avenue G in the northern part of the city. This renewable energy facility captures the suns energy to produce super-heated steam with an average operating temperature of 800°F at a pressure of 900 psi, which it delivers through a turbine generator to Southern California Edison. Their patented technology uses Pre-fabricated modular units that are scalable to fit smaller or larger parcels of land to suit their power client’s requirements. This project was developed on a small parcel of land close to existing transmission lines, and it is the first of several planned in Antelope Valley, California.
This is one part of the City of Lancaster’s 2030 General Plan to create fertile ground for renewable energy projects. The planning department has approved of thousands of additional acres of heavy and light industrial land as a target area for these types of projects. They plan to further expand this area by amending the zoning to absorb rural residential and agricultural zoned land for heavy industrial use. This would be the largest expansion of Los Angeles County land into city zoning in decades. It is also one of the best means for a land investor to get a rapid return on their investment.
It is paramount for land investors and land bankers to buy land near developing areas such as Lancaster and Palmdale California. The closer you are to development the more likely development will reach your parcel. In many cases the initial investment can be more, but the return on investment could be shorter term. We have spoken to vacant land owners who purchased remote desert land far from development and they are unfortunately still holding decades after their initial investment. Don’t let it happen to you, as the real estate slogan goes location, location, location also applies to pre-developed land.
E-Solar unveiled Sierra SunTower, which is their 5 MW commercial-scale solar power plant, in August 2009. It is located just 60 miles north of downtown Los Angeles in Lancaster California. The solar complex runs along Avenue G in the northern part of the city. This renewable energy facility captures the suns energy to produce super-heated steam with an average operating temperature of 800°F at a pressure of 900 psi, which it delivers through a turbine generator to Southern California Edison. Their patented technology uses Pre-fabricated modular units that are scalable to fit smaller or larger parcels of land to suit their power client’s requirements. This project was developed on a small parcel of land close to existing transmission lines, and it is the first of several planned in Antelope Valley, California.
This is one part of the City of Lancaster’s 2030 General Plan to create fertile ground for renewable energy projects. The planning department has approved of thousands of additional acres of heavy and light industrial land as a target area for these types of projects. They plan to further expand this area by amending the zoning to absorb rural residential and agricultural zoned land for heavy industrial use. This would be the largest expansion of Los Angeles County land into city zoning in decades. It is also one of the best means for a land investor to get a rapid return on their investment.
It is paramount for land investors and land bankers to buy land near developing areas such as Lancaster and Palmdale California. The closer you are to development the more likely development will reach your parcel. In many cases the initial investment can be more, but the return on investment could be shorter term. We have spoken to vacant land owners who purchased remote desert land far from development and they are unfortunately still holding decades after their initial investment. Don’t let it happen to you, as the real estate slogan goes location, location, location also applies to pre-developed land.
Thursday, December 3, 2009
Edison Proposes Solar Power Plant outside of Lake Los Angeles
The Antelope Valley Press has reported that Southern California Edison under its power generation division Edison Mission Energy is planning a150 megawatt photovoltaic plant in Antelope Valley, Ca. Edison Mission Energy has solar power operations in Mojave Ca. in Kern County presently. They are looking to expand south into the eastern edge of Los Angeles County at the San Bernardino County line. The proposed site is currently on presently or previously farmed agricultural land near 240th street East at Ave S.
Edison Mission Energy looks like they have targeted previously disturbed land, which should enable them to leap major environmental issues. The request for development has already begun earlier this summer, and they hope for final approval by late 2010. This project also uses photovoltaic technology which doesn’t require water, and the solar panels will only rise a few feet above the ground. It is a strategy that other solar power companies have used that can fast track the process, and limits the environmental impact.
The Wind Farms of Tehachapi and Solar Plants of Mojave, and Lancaster have become a green zone in the new energy economy. These areas were primarily vacant pre-developed land and have increased in value with the housing boom earlier this decade and now a green energy renaissance has begun. Just a decade ago you could buy raw land in these areas for as low as $500 to $1000 an acre, and now even in this current down real estate market the prices have increased a minimum of one hundred percent. Most of this land has been undesirable land for building or development with the rolling hills of Tehachapi and arid desert land in Lancaster far from current development, but now these Alternative Energy Companies and Edison have taken root. These companies are taking advantage of low priced land and looking toward the future. With the potential population growth and the alternative energy development the Antelope Valley’s future is taking shape. We have invested in pre-developed land in these areas and we have taken advantage of the news and development of the area these past five years. We also encourage our investors to take a closer view at similar prudent opportunities.
Edison Mission Energy looks like they have targeted previously disturbed land, which should enable them to leap major environmental issues. The request for development has already begun earlier this summer, and they hope for final approval by late 2010. This project also uses photovoltaic technology which doesn’t require water, and the solar panels will only rise a few feet above the ground. It is a strategy that other solar power companies have used that can fast track the process, and limits the environmental impact.
The Wind Farms of Tehachapi and Solar Plants of Mojave, and Lancaster have become a green zone in the new energy economy. These areas were primarily vacant pre-developed land and have increased in value with the housing boom earlier this decade and now a green energy renaissance has begun. Just a decade ago you could buy raw land in these areas for as low as $500 to $1000 an acre, and now even in this current down real estate market the prices have increased a minimum of one hundred percent. Most of this land has been undesirable land for building or development with the rolling hills of Tehachapi and arid desert land in Lancaster far from current development, but now these Alternative Energy Companies and Edison have taken root. These companies are taking advantage of low priced land and looking toward the future. With the potential population growth and the alternative energy development the Antelope Valley’s future is taking shape. We have invested in pre-developed land in these areas and we have taken advantage of the news and development of the area these past five years. We also encourage our investors to take a closer view at similar prudent opportunities.
Sunday, November 15, 2009
Gold and California Vacant Land as an Investment Hedge against Inflation
Gold and precious metals have been and still are the best hedge against inflation. But you have to look at precious metals as a paper asset versus silver coins and gold bars. Initially, what is a hedge against inflation? An inflation hedge is an asset that loses little value in periods of rising prices. It therefore holds its value and purchasing power during an inflationary period. Investors expecting inflation will typically buy this asset type to hedge against rising prices. Precious metals will actually increase in value since they are such an ideal inflation hedge.
The best way to address this question is to look at real assets versus financial assets. Real assets have intrinsic value, which is value of their own. They have direct or indirect usefulness like cars, wheat, corn, gold, real estate, land, and even appliances etc. Financial assets are a claim of profit of a firm, family or government. They would be stocks, bonds, mortgages, trust funds and the likes. Generally, real assets like gold, vacant land, and other commodities are a better hedge against inflation. These real assets have a value of their own, and are not devalued when everything else is inflating in price. Ideal hedges should hold their value over time and not lose their value. Produce and cars lose value over time, while precious metals (gold, silver, palladium), and vacant land and even wine will hold its value.
Another key element of an inflation hedge is its marketability. Is there a market for the commodity at virtually any given time? There is a market for soybeans, heating oil, gold and land, but things like shoes, furniture, and stocks have a limited market, and re-sale market. Another feature of a good hedge is its divisibility. Essentially can the asset be broken down into smaller portions? A house, car and land can not be broken down, but gold, gas, and agricultural products can be.
The best hedge against inflation has been and will continue to be gold, but we are referring to the hard asset of coins, bars, and even a mine that you own. Holding gold in stocks, ETF’s, or shares in a gold or silver mine is a financial asset and not a good hedge. Real Estate like a rental house, apartment, or vacant land is a good hedge but not the best, since it is not as marketable and not divisible like gold and other commodities.
The problem is the availability of gold coins and bars and nobody but a farmer will hold perishable commodities like wheat, or corn in their back yard. We think vacant land is a good alternative as an inflation hedge for investors since it is inexpensive, available and it will hold its value until inflation ebbs. It also doesn’t need to be maintained, will not deteriorate, and it can’t be rustled or stolen.
The best way to address this question is to look at real assets versus financial assets. Real assets have intrinsic value, which is value of their own. They have direct or indirect usefulness like cars, wheat, corn, gold, real estate, land, and even appliances etc. Financial assets are a claim of profit of a firm, family or government. They would be stocks, bonds, mortgages, trust funds and the likes. Generally, real assets like gold, vacant land, and other commodities are a better hedge against inflation. These real assets have a value of their own, and are not devalued when everything else is inflating in price. Ideal hedges should hold their value over time and not lose their value. Produce and cars lose value over time, while precious metals (gold, silver, palladium), and vacant land and even wine will hold its value.
Another key element of an inflation hedge is its marketability. Is there a market for the commodity at virtually any given time? There is a market for soybeans, heating oil, gold and land, but things like shoes, furniture, and stocks have a limited market, and re-sale market. Another feature of a good hedge is its divisibility. Essentially can the asset be broken down into smaller portions? A house, car and land can not be broken down, but gold, gas, and agricultural products can be.
The best hedge against inflation has been and will continue to be gold, but we are referring to the hard asset of coins, bars, and even a mine that you own. Holding gold in stocks, ETF’s, or shares in a gold or silver mine is a financial asset and not a good hedge. Real Estate like a rental house, apartment, or vacant land is a good hedge but not the best, since it is not as marketable and not divisible like gold and other commodities.
The problem is the availability of gold coins and bars and nobody but a farmer will hold perishable commodities like wheat, or corn in their back yard. We think vacant land is a good alternative as an inflation hedge for investors since it is inexpensive, available and it will hold its value until inflation ebbs. It also doesn’t need to be maintained, will not deteriorate, and it can’t be rustled or stolen.
Saturday, October 3, 2009
Green Acres is Centennial Developments High Desert Plan
Centennial Development is a planned self sustained new development on Tejon Ranch, which is situated at 300th West at Hwy 138 Ave D in western Antelope Valley. Tejon Ranch will preserve 240,000 acres of their ranch in an agreement with environmental groups this past May. In exchange these environmentalists will not stand in the way of Centennials planned development of up to 20,000 homes in the designated area.
The development is planned with a green theme. Centennials news release indicates there will be 8600 acres set aside just for open space, and their compact village centers will accommodate mix use development of commercial, single family residential, apartments with a green homogeneous environment. Residents will be within a half mile of neighborhood parks, and town centers. They will be designed to accommodate bicycles and cars, with a transit system to enable access to LA County mass transit. It is sort of the anti LA. Los Angeles County present design since 1950 has been no design and no mass transit at all. If you don’t have a car you simply can’t live. The result is traffic congestion smog, and very few parks.
Centennial anticipates better energy conservation in their homes with lower water consumption and watershed management. The homes and buildings will be designed with better lighting features for efficient energy consumption. They plan to use recycled water for landscaping and designated recycling areas for residential and commercial disposable materials. This will also reduce home and building monthly expenses. It will be built over 20 years to take advantage of new technologies over time. The overall plan includes its own police and fire departments, schools, markets, with a specific plan for the essentially green gated community.
This is a far better and different plan then current developer’s who buy the land, create a tentative tract map, build and sell the homes and move onto the next target. This new green designed Centennial community could be an example for the future developers as a conscientious plan and a self sustained environment with less impact on the current and future terrain. It should also highlight and increase the value of property in the surrounding area on Antelope Valley’s far west side.
We have and can locate vacant land opportunities in Lancaster and Palmdale California in the pre-development phases as a low cost investment. Investors can take advantage now and buy land and wait to receive increased property value in the post-development phase.
The development is planned with a green theme. Centennials news release indicates there will be 8600 acres set aside just for open space, and their compact village centers will accommodate mix use development of commercial, single family residential, apartments with a green homogeneous environment. Residents will be within a half mile of neighborhood parks, and town centers. They will be designed to accommodate bicycles and cars, with a transit system to enable access to LA County mass transit. It is sort of the anti LA. Los Angeles County present design since 1950 has been no design and no mass transit at all. If you don’t have a car you simply can’t live. The result is traffic congestion smog, and very few parks.
Centennial anticipates better energy conservation in their homes with lower water consumption and watershed management. The homes and buildings will be designed with better lighting features for efficient energy consumption. They plan to use recycled water for landscaping and designated recycling areas for residential and commercial disposable materials. This will also reduce home and building monthly expenses. It will be built over 20 years to take advantage of new technologies over time. The overall plan includes its own police and fire departments, schools, markets, with a specific plan for the essentially green gated community.
This is a far better and different plan then current developer’s who buy the land, create a tentative tract map, build and sell the homes and move onto the next target. This new green designed Centennial community could be an example for the future developers as a conscientious plan and a self sustained environment with less impact on the current and future terrain. It should also highlight and increase the value of property in the surrounding area on Antelope Valley’s far west side.
We have and can locate vacant land opportunities in Lancaster and Palmdale California in the pre-development phases as a low cost investment. Investors can take advantage now and buy land and wait to receive increased property value in the post-development phase.
Tuesday, July 14, 2009
City of Lancaster and Solar Company in joint agreement to develop Recycle Recharge Station in Fox Field Industrial Corridor
The Antelope Valley Press recently reported an agreement with the City Council of Lancaster and E-Solar, a producer of modular solar thermal power plants. The plan is to develop a means to recycle city water, which E-Solar uses for cooling their solar towers. E-Solar has plans to develop a prototype plant in the city of Lancaster, and a larger one on county land on the far west side near Neenach. Press reports indicate that under the terms of the agreement E-Solar will support some major expenses on behalf of the city.
The company will forward $500k to the design and environmental impact documents for the Lancaster Recycled Water Recharge Pilot Project, at 60th Street West and Avenue F. They will also contribute up to $1.5 million for construction of a pump and for extending the existing pipelines. This pipeline will provide recycled water service for the city. Los Angeles County owns one hundred acres in Fox Field at 60th West at Ave F to F-4 which is the target area for development. The recycled water will be treated to a high degree of cleansing called tertiary treatment which will then be used to recharge the aquifer beneath the Antelope Valley for nature’s further purification. E-Solar will be instrumental in design and construction of the transmission pipelines and a pumping station which will then be dedicated to the city once completed.
The agreement has been initially approved by the city council and Mayor Parris. The Mayor indicated agreements and permits have been achieved to initiate the process.
E-Solar has a pilot solar power plant in Lancaster at Avenue G and Division Street and it is expected to go online this year. In addition, they are proposing to build a larger plant in Antelope Valley that will rival the energy output of Hoover Dam.
Solar companies have selected Antelope Valley recently due to a willing City like Lancaster, and available low priced land that has been primarily vacant near the metropolis of Los Angeles County. The solar growth is in line with the State of California's mandate to produce 33% of power from non-fossil fuel sources.
Vacantlanddeals owns a property for sale which may be part of or at minimum next to this proposed water recycling and irrigation area. Our parcel is 5 acres at 62nd West at Ave F-4, just south of the 100 acres owned by Los Angeles County. This property is for sale at the lowest price range of Fox Field, and it is clearly in the path of near term development. Contact us for more details on this industrial zone parcel, or other properties we have. info@vacantlanddeals.com
The company will forward $500k to the design and environmental impact documents for the Lancaster Recycled Water Recharge Pilot Project, at 60th Street West and Avenue F. They will also contribute up to $1.5 million for construction of a pump and for extending the existing pipelines. This pipeline will provide recycled water service for the city. Los Angeles County owns one hundred acres in Fox Field at 60th West at Ave F to F-4 which is the target area for development. The recycled water will be treated to a high degree of cleansing called tertiary treatment which will then be used to recharge the aquifer beneath the Antelope Valley for nature’s further purification. E-Solar will be instrumental in design and construction of the transmission pipelines and a pumping station which will then be dedicated to the city once completed.
The agreement has been initially approved by the city council and Mayor Parris. The Mayor indicated agreements and permits have been achieved to initiate the process.
E-Solar has a pilot solar power plant in Lancaster at Avenue G and Division Street and it is expected to go online this year. In addition, they are proposing to build a larger plant in Antelope Valley that will rival the energy output of Hoover Dam.
Solar companies have selected Antelope Valley recently due to a willing City like Lancaster, and available low priced land that has been primarily vacant near the metropolis of Los Angeles County. The solar growth is in line with the State of California's mandate to produce 33% of power from non-fossil fuel sources.
Vacantlanddeals owns a property for sale which may be part of or at minimum next to this proposed water recycling and irrigation area. Our parcel is 5 acres at 62nd West at Ave F-4, just south of the 100 acres owned by Los Angeles County. This property is for sale at the lowest price range of Fox Field, and it is clearly in the path of near term development. Contact us for more details on this industrial zone parcel, or other properties we have. info@vacantlanddeals.com
Thursday, April 2, 2009
The Solar Wind is Creating Green Energy Land Investment Opportunities in Los Angeles County
There has been much talk in the news media and the Obama Administration regarding cap and trade, and global warming solutions. You may ask where this green energy momentum will take root. Well we see some indications in California which has been leading the way in the US regarding going green. We have noticed there has been growing development in Antelope Valley with Wind and Solar technologies. E-solar has acquired $130 million in funding from Google.org and Oak Investment Partners and they have signed a power purchase agreement with Southern California Edison Power to build a 245 megawatts solar plant in the Antelope Valley region of Los Angeles County. There will be a series of fully operational plants which will begin production in 2011, and targeted operational by 2012 according to news sources. There have also been large purchases of land in several parts of the Antelope Valley by Solar energy companies over the past year. It is either an E-solar subsidiary or a solar competitor. In addition, Luz Solar Partners has a fully operational solar plant at Kramer Junction near Hwy 58 and Hwy 395 in San Bernardino County for several years now.
If you drive through Tehachapi, California in Northern Antelope Valley you will see many Wind Turbines taking advantage of the heavy winds through the grape vine and Antelope Valley. Lance Dorman of Vacantlanddeals.com said, “This area is slowly and quietly becoming fertile ground for green energy solutions”. We spoke to a recent land buyer who purchased land in Kern County and a Wind Energy Company approached them within months to lease their land to install their turbine towers, Dorman said.
These are real time Land banking opportunities taking place right now in Lancaster and Palmdale California and the growth appears to be just beginning. Real Estate is at market lows, and the push for the nation and globe to go green is in its infancy. Many property owners purchase land in the Antelope Valley a number of years ago if not decades ago, and they are reaping rewards today. If this area continues to be ground zero for green energy technologies then the Land banking turnaround could be much shorter.
If you drive through Tehachapi, California in Northern Antelope Valley you will see many Wind Turbines taking advantage of the heavy winds through the grape vine and Antelope Valley. Lance Dorman of Vacantlanddeals.com said, “This area is slowly and quietly becoming fertile ground for green energy solutions”. We spoke to a recent land buyer who purchased land in Kern County and a Wind Energy Company approached them within months to lease their land to install their turbine towers, Dorman said.
These are real time Land banking opportunities taking place right now in Lancaster and Palmdale California and the growth appears to be just beginning. Real Estate is at market lows, and the push for the nation and globe to go green is in its infancy. Many property owners purchase land in the Antelope Valley a number of years ago if not decades ago, and they are reaping rewards today. If this area continues to be ground zero for green energy technologies then the Land banking turnaround could be much shorter.
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