09/04/2024
For Sale NNN Land Lease in Alta, CA ~ SELLER MOTIVATED! SUBMIT ALL OFFERS! ~ Residential/Ag zoned lot with a Land lease to USPS until 2026 ~ Renegotiate Terms with Tenant or take back possession and build you easily accessible, full utility ready, dream home.
33735 Nary Red Road, Alta, CA
MLS # 224091528
Offered for $219,900 or best offer!
1.33 Acres
*Improved with all utilities (Public water, Electric, Propane and Septic)
*Current Structure (US Post Office) property of the Tenant
*Current ground lease term goes until 5/31/2026 at $650/month. Tenant Leases 21,326SF of the 56,628SF Lot. Land owner pays the annual Property Taxes. Lessee reimburses Owner 37.66%, plus real estate taxes for the improvements.
SELLER MOTIVATED! SUBMIT ALL OFFERS! ~ Residential/Ag zoned lot with a Land lease to USPS until 2026 ~ Renegotiate Terms with Tenant or take back possession and build you easily accessible, fully utility ready, dream home ~ Close proximity to all the Sierra recreation life offers ~ Rare opportunity!
Consider this a land bank ~ Collect income while planning for your future get away home just minutes to high country recreation/ski areas! or continue to lease to this long term stable Tenant for easy income ~ These situations do not come available every day.
Totally passive income! no touch, no-low expense, no-low risk investment ~ 1.3 acres of land with a well maintained, well managed, US Post Office as the long-term NNN ground lessee ~ County maintained Road Frontage.
Structural Improvements are not included in the purchase and remain the property of the USPS ~ Renegotiate the lease when the time comes or make the property your own and build your dream home ~ So much potential!
Take a drive by, walk around the property but please do not disturb the Post Master with any questions.
For the land, not being used by the Post Office, please use caution and enter at your own risk. OK to walk down behind the gate to the right of the parking lot. The large wooden shed down at the bottom of the lot does belong to the property.
Direct questions to Pam Bliss 916-276-1817. US Government (Post Office) is the Lessee of a portion of the land only. They own and are responsible for all aspects of the Structure and Infrastructure and shall be and remain the property of the Post Office.
Contact Pamela Rodrick Bliss for any questions. (916 ) 276-1817 or email [email protected]