Details - Information last confirmed on April 9, 2021
We are proud to offer the sale of Stagecoach Solar, LLC, along with 10 acre site and preliminary construction plans for the development of either a 3.89 megawatt or 2.05 megawatt solar park in Sun Valley/Holbrook, Arizona. The owner has met with the county officials to discuss the project, developed site plans, system design, and early income estimates. There is an application with the local utility company to enter into a PPA/Interconnection Agreement under PURPA, being a small, independent energy generator.
This project, is ground is broken this year, can fetch an ITC of 26%, which can be used to help fund part of the construction costs. Estimates are around $1.8m to $3.5m depending upon the system design chosen. Project will need a new SLD stamped by an engineer to complete the PPA and formal construction drawings. The Special Use Permit also needs to be completed, and the current owner decided to wait for a new developer to decide which system design to use before moving forward. Owner has also agreed to help in the transition and provide local assistance as needed.
The estimated income range at the low end is around $139k per year up to $239k, depending on system design used and PPA rates per kWh that can be negotiated.
The property is flat and sits between Stagecoach Rd and Starlight Road. It is close to Sun Valley Road and near power and water in the area. Great views all around and on a good day, the San Francisco Peaks can be seen to the west. New owner could also simply subdivide the property and sell eight, 1-acre parcels, four, 2.5-acre parcels, or two, 5-acre parcels. Land of this size in close proximity to the Interstate is rarely ever up for sale.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.