7.17 acs. Open Ground and Oil Lease
$150,000
Porterville, CA
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Status: For Sale
Acres: 7.17±
Price Per Acre: $20,921
Description
This parcel has 5 pumping oil wells and one water injection well. The oil company (Petro-Lud) pays monthly income for the use of the ground for oil pumping.
Location
The subject property is located approximately ¼ mile east of Highway 65 at the corner of Road 236 and Avenue 112 in Porterville, California.
Legal
APN: 302-360-016 (7.17± acres)
Water
The property is located in the Eastern Tule GSA. There is no water available to the property.
Zoning
Zoned AE-10