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$8,288,000
Est. payment /mo
60.19 Acres Lot
UPDATED:
11/12/2024 11:10 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CL23289297
HOA Y/N No
Lot Size 60.187 Acres
Acres 60.19
Property Sub-Type Unimproved Land
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
Location
State CA
County Los Angeles
Area Listing
Zoning LCA1
Interior
Fireplace No
Exterior
View Y/N true
View Hills
Building
New Construction No
Others
Tax ID 3252011023
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Listed by Casey Lins • Kidder Mathews of California, Inc.