OPPORTUNITY KNOCKS
This is a extremely unique opportunity to acquire ~41 acres directly on US Highway 95 in the city limits of Needles, San Bernardino County, California. This is the only parcel in the nearby area zoned Highway Commercial, opening the property to a wide variety of uses. The property is wedged between US Highway 95 and Five Mile Road (an exit road off of I-40 and part of historic Route 66). US Highway 95 connects I-40 (Needles) with I-10 (Blythe). The Colorado River and the State of Arizona is viewable on portions of the property. The property is across from the Cali-Zona RV Park and near the Needles Airport. You can view the property on Google Maps with these coordinates: 34.765874, -114.594187.
TRI-STATE AREA
Needles is part of the booming Tri-State area where Arizona, California, and Nevada all meet. The Tri-State is known for the Laughlin Casinos and extensive recreational opportunities presented by the Colorado River. There are many towns in the area including Bullhead City, Laughlin, Needles, Fort Mohave, Mohave Valley, Topock, and Oatman; not to mention other nearby cities and towns such as Kingman, Golden Valley, Oatman, Searchlight, Yucca, Lake Havasu City, Dolan Springs, and Parker. A brand new 2nd bridge connecting Laughlin, Nevada, and Bullhead City, Arizona, is almost completed and a lot of other new construction is going on in Bullhead City. In Needles, specificially, there have been a lot of cannabis related projects in the past few years.
SELLER FINANCING AVAILABLE
Based on a sales price of $99,950, seller is willing to finance up to $89,950. ($10,000 minimum down payment required) At an Interest Rate of 9.99% and a 7 year term, this works out to monthly principal and interest of $1492.81. Property taxes will be escrowed. Additionally, seller will offer a $15,000 discount for a cash purchase.
TITLE & ESCROW
Buyer and seller will split the cost of title and escrow services. For peace of mind, property will be conveyed with an ALTA Title Policy. Seller is willing to use the California licensed title and escrow company of buyer's choice. Additionally, if the property is seller-financed, a loan servicing company will be used in order to ensure that all payments are handled professionally with electronic drafting and disbursements.
LICENSEE DISCLOSURE
Managing member of seller is a licensed California real estate broker. Property was acquired by seller via previous owner bankruptcy in 2021. Please allow extra time for title search and title commitment.