1818 Aliso Canyon Road Active Save Request In-Person Tour Request Virtual Tour
New Cuyama,CA 93254
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25477183
HOA Y/N No
Lot Size 312.700 Acres
Acres 312.7
Property Sub-Type Comm Ind For Sale
Property Description
312+ Acre Oil Producing Property with Lease and 50% of mineral rights. Leased and operated by E&B (fully bonded and insured). Paved access, 17+- oil wells producing and paying royalties with oil prices high and rising. Trailing 12mo royalties average 2000/mo... trending higher. *Outside of the Cuyama water basin management area *good water profiles for well (over 200gpm according to geologist) *E&B Resources is the operator of the oil wells, they have bonds and insurance w/county so there are NO liability issues w/any future cleanup. *They are increasing production and more wells may com back online as oil prices/demand is strong. *This property is the key for their oil production. Tank farm and center of the arco field. *Good dove quail and 4wd
Location
State CA
County Santa Barbara
Zoning U
Interior
Fireplace No
Exterior
Utilities Available Other
Building
New Construction No
Others
Tax ID 147150007