Description
GREAT investment opportunity!28.33 acres, with two dual-panel income producing billboards and commercial cannabis potential. Two hours from Los Angeles.Enjoy cash flow from the moment of ownership! This property has two dual-panel income producing billboards with long term demonstrated cash flow (approximately 50 years), leases are 15 year and automatically renew (14-years remaining in current lease) with Sun Advertising who manages and maintains the billboards. The property allows for commercial cannabis cultivation (requires conditional use permit) - for growing up to six acres of plants! Located in an Opportunity Zone for potential tax benefits.This property is zoned residential so you can build your own home/manufactured home here, or to house someone who will take care of your crops! Utilities won't be a problem - there is an electric pole nearby (approx. 1000 feet) or go solar! Well-water is available or install a refillable tank, septic system needed for this area.The property is situated along Hwy 14/Hwy 395 - the major corridor connecting Los Angeles to Mammoth Mountain, Lake Tahoe, and Reno. It is located on Sterling Rd. and is only 1/2 mile from conveniences such as a small market and Shell gas station. The rear of the property is bordered by BLM land so you'll never have a neighbor behind you. Ridgecrest/China Lake is located approximately 20 miles away and Lancaster about 1 hour.If youĂ¢â‚¬â„¢ve been waiting for the right opportunity to come along, this is it.
School Ratings & Info
Description
GREAT investment opportunity!28.33 acres, with two dual-panel income producing billboards and commercial cannabis potential. Two hours from Los Angeles.Enjoy cash flow from the moment of ownership! This property has two dual-panel income producing billboards with long term demonstrated cash flow (approximately 50 years), leases are 15 year and automatically renew (14-years remaining in current lease) with Sun Advertising who manages and maintains the billboards. The property allows for commercial cannabis cultivation (requires conditional use permit) - for growing up to six acres of plants! Located in an Opportunity Zone for potential tax benefits.This property is zoned residential so you can build your own home/manufactured home here, or to house someone who will take care of your crops! Utilities won't be a problem - there is an electric pole nearby (approx. 1000 feet) or go solar! Well-water is available or install a refillable tank, septic system needed for this area.The property is situated along Hwy 14/Hwy 395 - the major corridor connecting Los Angeles to Mammoth Mountain, Lake Tahoe, and Reno. It is located on Sterling Rd. and is only 1/2 mile from conveniences such as a small market and Shell gas station. The rear of the property is bordered by BLM land so you'll never have a neighbor behind you. Ridgecrest/China Lake is located approximately 20 miles away and Lancaster about 1 hour.If youĂ¢â‚¬â„¢ve been waiting for the right opportunity to come along, this is it.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.