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31524762
31524763

Capital Hills Pkwy / Challenger Dr, Tehachapi, CA 93561 For Sale

DB
CA CA 00861992
Korek Land Company Inc
Listed by Korek Land Company Inc
$11,500,000
104 days on market
Updated 75 days ago

Capital Hills Ranch - 1,770 Acres in Tehachapi

Details
APN 223-010-14 & 15; 223-020--10 & 11; 223-030-28; 223-660-04 & 06
Property Type Land
Sub Type Agricultural, Commercial (+1)
Acreage 1770.000
Zoning Aproved Specific Plan

Tehachapi | Land | 1,770 acres

Marketing description

Known as Capital Hills Ranch, this property sits north of Hwy 58, east of Capital Hills Pkwy with 828+/- acres being located within the City of Tehachapi and the remaining 940+/- acres being located within the City’s Sphere of Influence of Kern County.. Unique opportunity strategically located between the Cities of Bakersfield, Mojave and Lancaster, and west of Edwards Airforce Base, this is a prime up-and-coming location for future development. The subject is part of the Capital Hills Specific Plan which allows for over 2,000 Residential Units (Suburban, Urban and Mixed Residential – 3,200 to 7,500 SF lots); 383,000± SF Commercial/Office (General Commercial and Highway Commercial); 106± acres for Parks and Open Space; and 17.8± acres for Civic Space (schools, government buildings and cultural venues). Owner currently leases the property to a cattle rancher to assist with carrying costs and maintenance. Subject provides an incredible backdrop for filming which could also assist in a buyer’s carrying costs.

Investment highlights

Approved Specific Plan!

Over $8 Mil Invested in Infrastructure

Unique Future Development Opportunity!

Listing Contacts

DB
CA CA 00861992
Korek Land Company Inc
Listed by Korek Land Company Inc

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Additional Information

Name
Deanne Boublis
License
CA 00861992
Brokerage
Korek Land Company, Inc.
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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