Details for Old Hwy 111 Imperial, CA 92251

Description: 235 acres premiere industrial land with a geothermal overlay zone & full Hwy 111 frontage in the Keystone Specific Plan Industrial Park. GreenHunter Energy announced execution of a new 20 year power sales agreement for 100% of net output of the Mesquite Lake biomass-fired power plant located next to subject site. Subject is in the Enterprise Zone which provides significant tax credits, i.e, hiring, sales/use tax cedits for businesses, plus renewable energy projects. Hwy 111 is a commercial transporter connecting I-8/I-10 & a direct connection to the 3rd largest US port of entry located in Imperial County, CA. Subject is a key location in the industrial park as Keystone Road is considered to be the main entrance into the park & scheduled by the county to be an 8-lane thoroughfare. Site is ideal for solar or algae production as this property was previously a fish farm; also a good fit for terminals, storage, manufacturing & other renewal energy projects. Mineral rights sold separately.