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$8,288,000
Est. payment /mo
60.19 Acres Lot
UPDATED:
09/30/2024 06:48 PM
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 23289297
HOA Y/N No
Lot Size 60.187 Acres
Property Description
We are pleased to present a unique opportunity consisting of +/-60 acres on 3 parcels of primarily flat commercial land along the 5 Freeway at the intersection of Highway 138. With 3 freeway off-ramps/on-ramps directly onto the property, the property, which has already paved roads, is well-positioned for a developer to take advantage of the 250,000+ vehicles per day traveling along one of the busiest freeways in the world that provides access to Los Angeles ports, Central Valley agricultural businesses, San Francisco tech hubs, and the entire West Coast. Ownership has a land use survey completed by David Evans and Associates, Inc. which can be made available for qualified buyers. Potential uses include hotels/motels, drive-through services, utility-scale solar energy, along with a myriad of other options, which the Buyer shall rely on their own due diligence and investigations to confirm in full. With nearby future developments including the fully entitled 12,000+ acre Centennial at Tejon Ranch Master Planned Community approximately 3 miles away, which include 19,000+ homes and 10MM+ square feet of retail/public/business park/office space/civic development, the next owner of these parcels may be well positioned for significant growth over the coming years. Also nearby is Pyramid Lake only 5 miles to the South, and the Tejon Ranch Commerce Center just 8 miles to the North. APN's included are: 3252-011-016, 3252-011-023, 3252-011-022. Contact the listing team today for additional information regarding this unique opportunity.
Location
State CA
County Los Angeles
Area Gor - Gorman
Zoning LCA15*
Interior
Fireplace No
Exterior
View Y/N Yes
View Hills
Building
New Construction No
Others
Senior Community No
Tax ID 3252011023
Special Listing Condition Standard
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Listed by Casey Lins • Kidder Mathews of California, Inc.
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908