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29983715
29983619

Avenue J and 70-75th St. E., Lancaster, CA 93535 For Sale

Coldwell Banker Commercial Hartwig Realty
Listed by Coldwell Banker Commercial Hartwig Realty
$4,995,000
142 days on market
Updated 83 days ago

Blum Ranch

Details
APN 3384-009-001&006
Property Type Land
Sub Type Industrial
Broker Co-Op Yes
Acreage 120.570
Zoning Special City Overlay to promote Research Facilities
Ownership Trust

About This Property for Sale

Marketing description

The 2 parcels consisting of 120.57+/- Acs., are 'FOR SALE' or 'FOR LEASE' and within City of Lancaster limits. The parcels provide excellent visibility on a heavily traveled Ave. "J" main corridor street to downtown. Located at the southeast corner fronting Ave. J & 70th-75th St. East. [APN 3384-009-001 = 80.15+/- Acs. & 3384-009-006 = 40.42+/- Acs.]. Ideal for hospital, medical care campus, university, commercial, retail, technology, research and development, AI data center, manufacture, warehouse, hospitality, residential, sports, recreational, concert pavilion, light travel airport, Local, State or Federal community services or center, solar or hydrogen development or farming. The parcels are level, unobstructed, organic and vacant with 1 newly constructed turnkey 580' water well, and a new 150 hp FloWise Pump & Emerson Motor powered by SCE's 5 electrical utility poles which exclusively services the parcels. The Antelope Valley Groundwater Adjudication action granted the parcels 50 acre feet per year in "Perpetuity" and with 'Carryovers' now total 500 Ac. Ft. of available groundwater production. The parcels are zoned for clean energy and can be adjusted by a CUP via City Planning Dept. application. The parcels also neighbor Campbell Fresh [aka Campbell Soup Co.]. [Owner since 1985].

* Additionally available are 2 - 10+/- Acs. 'FOR SALE' or 'FOR LEASE' located 1/4 mile east down the street on the northwest corner fronting Ave. "J" & 77th-80th St. East. [APN 3384-020-012 = 10+/- Acs. & 3384-020-013 = 10+/- Acs.]. Excellent "All-Purpose Combination" with the above 120.57 Acs. parcel. [Owner since 1985].

* Additionally available are 10+/- Acs. 'FOR SALE' or 'FOR LEASE' fronting Ave. C & 97th St. West. [APN 3262-016-011]. [Owner since 1985].

There is also interest from reputable renewable energy companies in partnering with a new owner to develop a commercial-level renewable energy facility. Based on pro-forma analysis, and if successful in permitting (which should not be a problem with the Eastside Lancaster Overlay that encourages only Director review for a CUP and the close location of an SCE Substation with available capacity), a new owner should be able to earn a 65% ROI over the first five years based on a $250,000 buy in. Inquire for details

Investment highlights

  • Excellent visibility
  • Organic Land
  • Private Electrical Lines to a New Commercial Well
  • Research Campus Location
  • AI Compatable
  • Renewable Energy Opportunity to own up to a 40% interest in a 100 MW Solar Facility
  • Numerous Solar Companies willing to lease long term

Listing Contacts

Coldwell Banker Commercial Hartwig Realty
Listed by Coldwell Banker Commercial Hartwig Realty

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