Mesquite Lake, Imperial California

Three industrial parcels totaling 160 acres in the Mesquite Lake Specific Plan area, Imperial County, California. Entitled under the Specific Plan for behind-the-meter power generation and available for sale. These parcels are offered at $240–325M. A detailed valuation is available upon request.

The Mesquite Lake I-3 (MLI-3) land use designation is for the most intense, heaviest type of manufacturing, processing, or fabrication facilities. It also allows "permitted" uses from the MLI-1 and MLI-2 categories, provided they are compatible and meet the standards of the plan. Processing or fabrication in these areas is allowed to be conducted entirely within a building or outside of a building, provided the facility does not emit fumes, odors, dust, smoke, or gas beyond the confines of the property upon which the activity occurs, nor produce significant levels of noise or vibration beyond the perimeter of the site. Certain specified agricultural uses would also be permitted. Refer to the Mesquite Lake Specific Plan (page 48) for permitted uses.

The site sits within the Mesquite Lake Specific Plan, an area the County originally built around the two existing — but currently idle — biomass power plants on the property. The surrounding region has experienced limited economic activity for decades due to constraints on power infrastructure, and the local community is eager for the job opportunities a redevelopment would bring. The Mesquite Lake Specific Plan accommodates a broad range of heavy industrial uses.

This site:

•Power capacity entitled under the Specific Plan. Three parcels, each entitled for up to 49.9 MW behind the meter under the Mesquite Lake Specific Plan.

•On-site electrical infrastructure. Two 25 MW substations are located on the property.

•Adjacent transmission. 92 kV transmission lines run on or adjacent to the site. No interconnection agreement is currently in place.

•Industrial water. Approximately 15,000 acre-feet of industrial water available to support the site.

•Natural gas. A 24-inch natural gas line currently exists and is delivered to the property, with a will-serve letter from Southern California Gas Company (SoCal Gas) in hand.

•Equipment lined up. Bids in hand from Caterpillar to supply engines for power generation.

•Building underway. A bid is being finalized for a 250,000 square-foot building; building permits will be submitted as soon as the remaining documents are gathered.

•De-risked development. The building permit will be secured to reduce development risk for a buyer; once issued, it can be transferred and/or modified to fit the buyer’s specific use.

•Connectivity nearby. Fiber is in close proximity to the site.

•Tax efficiency. Up to 40% federal Investment Tax Credit (ITC) credits are currently available on certain new equipment.