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$795,000
Est. payment /mo
8.03 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26145272
HOA Y/N No
Lot Size 8.031 Acres
Property Description
Over 8 acres of commercial-zoned land on prime Pearblossom Hwy (Hwy 138). This property sits at the northwest corner of Pearblossom Hwy and 165th St E, which is a major signalized intersection. Pearblossom Hwy is a heavily driven thoroughfare connecting Palmdale and Victorville, with thousands of cars driving past this location daily, as well as significant truck traffic. The daily average traffic count at this junction is believed to be 17,500 vehicles, which is an excellent figure. 165th is also a notable street, connecting to the town of Lake LA to the north. There are power lines running alongside 165th. This is the only corner at the Pearblossom Hwy/165th intersection with commercial zoning, and 1 of 2 parcels with commercial zoning within a multiple-mile radius. As such, this land is a very rare and unique situation, as well as a great long-term investment or land-banking opportunity. The specific zoning is LA County's "Rural Commercial" zoning, which is highly flexible. Potential low-investment uses that fit the character of the area, as well as the high-traffic location, include truck/RV/boat facilities, swap meets, farmer's markets, mobile food vendor parking, billboards/signage, etc. These may also be good temporary uses of the land while planning for a more significant project. With greater infrastructure and utility investments, this prime location has the potential to be a major regional commercial hub. Potential developments include a commercial truck stop, gas station, EV charging station, grocery/convenience store, fast food, or some combination of these facilities within a multi-tenant commercial project. Such a development would be a regional draw, with a significant customer base between the local residents and the Pearblossom Hwy travelers/commuters. With 8 acres of land on a major highway, at a signalized corner, with commercial zoning and the potential to create an institutional-grade commercial development, this land is an excellent opportunity. The 8.8-acre commercial parcel to the west is also available and can be purchased to create an even larger 16.8-acre development. Whether your intention is to use the land for a simple and cost-effective rural commercial project, develop the land into a regional commercial hub, or simply hold the land for long-term appreciation, this property is a tremendous opportunity. Corner lots on major highways with commercial zoning rarely come to market, and the possibilities here are endless.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning Rural Commercial
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Water Not Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Corner Lot, Rectangular Lot
Water None
New Construction No
Others
Senior Community No
Tax ID 3036009035
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Mark Mestepey Castlestone Properties, Inc. 818-624-0099, DRE #01991537
Nearby School & Business
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