Oil, Proven Reserves (Mineral Rights) With Land For Sale In California

Oxnard, CA (Ventura County)

Oil, Proven Reserves (Mineral Rights) With Land For Sale In California
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Asking Price: $35,000,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

Oil, Proven Reserves (Mineral Rights) With Land For Sale In California

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Property Description

RARE OPPORTUNITY! 26.3 acres beach front vacant land located near the Pacific Ocean with no specific development limitations. The land consists of 4 parcels and is zoned out for commercial, residential and industrial. This property has an abundance of unrefined minerals approx. 100K tons or 850K cubic yard minerals in the ground. Approximate value is over $15 BILLION, discovered minerals consist of Oil, Gold, Silver, and Platinum & Aluminum. Asking price is less than $50 per SF and the recent appraisal of the property is over $72 Million, ocean front properties in the area are selling for well over $100.00 per SF. Monthly Royalty Payments of 5% of Gross Revenues. Additional details will be made available upon execution of a NDA and providing proof of funds. Please contact the listing agent directly for more information regarding this exciting opportunity. Please contact Mounir and Andrea Bousaid directly at 702-321-1292 for more information regarding this exciting opportunity.

Detailed Information

Location:
Oxnard, CA
Type:
Vacant Commercial Land
Building Status:
Established
Reason for Selling:
Other business interests
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(from currently available funds)
 
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Andrea & Mounir Bousaid

Property Listed By:
Andrea & Mounir Bousaid

First Choice Business Brokers

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Sponsoring Broker:
Jeff & Linda Nyman

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