Newberry Springs, CA 92365,529251 05 Near Pisgah Crater RD
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Newberry Springs, CA 92365,529251 05 Near Pisgah Crater RD
Newberry Springs, CA 92365,529251 05 Near Pisgah Crater RD
Newberry Springs, CA 92365,529251 05 Near Pisgah Crater RD
Newberry Springs, CA 92365,529251 05 Near Pisgah Crater RD

$160,000

Est. payment /mo

$160,000

Est.Price: ?

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529251 05 Near Pisgah Crater RD Newberry Springs, CA 92365

160 Acres Lot

SOLD DATE : 08/08/2019

Key Details

Sold Price $160,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 493774

Sold Date 08/08/19

HOA Y/N No

Lot Size 160.000 Acres

Acres 160.0

Property Description

*** Magnificent mining opportunity in Newberry Springs CA. This 160 acre parcel is located right next to RHEOX Inc where they are mining Hectorite The RHEOX Mine, 32 miles east of Barstow, California, siding along the Santa Fe Railroad that parallels Interstate Highway 40, is a world-class source of hectorite, a thixotropic magnesium lithium silicate clay that formed when lithium and fluorine were introduced into fine lacustrine volcanic sediments through hot springs activity. Hectorite is used in cosmetics, household cleaners, plastics, rubber, paints, paint strippers, coatings, greases, adhesives, paper, and inks. This deposit has been supplying the highest grade thixotropic clay to the coatings industry continuously for over 50 years and contains reserves to support mining well into the next century. Also, the Fort Cady Minerals Corp. is in the area mining colemanite (calcium borate). See MINERAL LAND CLASSIFICATION FOR THE BARSTOW-NEWBERRY SPRINGS AREA attached to this listing. These lucrative minerals makes this parcel a must see opportunity worthy of serious consideration. Seller will carry with easy terms 33% down 7% amortization over 30 years due in 10, 50% down 5% amortization over 30 years due in 10, 67% down 3% amortization over 30 years due in 10. *** Access Type: Public Access # of RV Spaces: 0 Zoning Description: RC Resource Consrvat Lot Location Type: Other Development Status: Raw Land Easements: See Map of Record Frontage Type: Dirt Road Miscellaneous: Build to Suit Utility Adjc to Site: Electric # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0

Location

State CA

County San Bernardino

Interior

Fireplace No

Exterior

Utilities Available SewerNotAvailable

View Y/N Yes

View Desert, Valley

Building

Lot Description HorseProperty, GentleSloping

Sewer None

Others

Tax ID 0529251050000

Acceptable Financing Cash, Submit

Horse Property Yes

Listing Terms Cash, Submit

Financing SellerFinancing

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Jeffrey Nyal • Coldwell Banker Home Source
Bought with Jeffrey Nyal • Coldwell Banker Home Source

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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