Listed by CBRE LA
$13,500,000
38+Acre Site at SWC Rancho Vista Boulevard and Division Street
Details
APN 3006-023-003
Property Type Land
Acreage 38.610
Zoning Specific Plan Zoning - Palmdale Trade & Commerce Center PD (Planned Development)
EXCELLENT LAND INVESTMENT AND DEVELOPMENT OPPORTUNITY IN NORTH LOS ANGELES COUNTY
Marketing description
- CBRE presents the opportunity for qualified buyers to acquire and develop this Land Development Site located on Rancho Vista Boulevard in the heart of Palmdale, Los Angeles County, California. The approximately 38.61-acre site is part of the Palmdale Trade & Commerce Center and zoned PD (Planned Development) which allows multiple uses including hotel, retail, office, automotive, and entertainment
- The Site is located off the Antelope Freeway (CA Hwy 14) and south of Rancho Vista Boulevard across from The Cottages, a neighborhood of energy-efficient single-family homes currently being constructed and sold by Beazer Homes, and Rancho Village Senior Independent Living facility owned and operated by Holiday Retirement. The site is near the entrance to Antelope Valley Country Club and Country Club Estates, an enclave of higher-end homes surrounding the golf course. The facility is positioned at the gateway to the higher-end residential areas of West Palmdale and east of Sierra Highway, while accessible to over 2,000,000 SF of retail including the enclosed Antelope Valley Mall. It is approximately 30 minutes north of San Fernando and Santa Clarita Valleys and less than one hour north of downtown Los Angeles. The recently opened $200 million state-of-the-art Palmdale Regional Medical Center is located less than 2 miles away.
- Palmdale is a family-oriented community with a high quality of life and is the “Aerospace Capital of the World.” Aerospace and service-related jobs are anticipated to increase jobs in Palmdale by 35.8% over the next ten years. It is the fastest-growing city in Los Angeles County and among the fastest growing in the US by population.
Investment highlights
- Unencumbered development site located at the primary interchange in north LA County
- Parcel Size and zoning allow for multiple potential uses
- Property offers over 1250 feet of frontage along Rancho Vista Boulevard within 1/4 mile of Antelope Valley Freeway (CA Hwy 14) access ramps
- Central location between 10th Street West retail corridor and Sierra Highway
- Increased Production Activity at USAF Plant 42: Northrup Grumman, Lockheed, Boeing, General Atomics and NASA operate and maintain large research, design, manufacturing, and assembly facilities in Palmdale
- Immediate Employment Opportunities: Aerospace companies with long-term contracts have immediate opportunities in new technical and assembly jobs extending beyond 2025
- Spillover Effect Creates Support Jobs: The construction of large facilities for design and assembly, plus the addition of over 2,500 technical positions creates over 6,000 support jobs in the local economy
- Commitment to Region: Lockheed Martin recently broke ground on a new 208,000 SF hi-tech advanced manufacturing facility with plans for completion before end of 2022
Listing Contacts
Listed by CBRE LA
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