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$6,999,000
Est. payment /mo
40 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Unknown (999)
MLS Listing ID 250039861
Lot Size 40.000 Acres
Lot Dimensions 1300X1300
Property Sub-Type Lots/Land
Property Description
40 acres of prime mixed-use land at the signalized intersection of Avenue H and 30th Street in Lancaster. Zoned for Mixed-Use, allowing multi-family (15-30 units/acre, up to 430 units), business park, and light industrial, this site is ideal for investors or developers seeking to capitalize on the regions growth. With all utilities available in the street, off-site infrastructure on W Avenue H, and proximity to a freeway off-ramp, the property offers excellent visibility and access. Adjacent to the Antelope Valley Fairgrounds, currently undergoing a 90 Million expansion, the site is poised for success in a thriving market. Antelope Valleys aerospace hub, anchored by Northrop Grumman, Lockheed Martin, and NASA, employs over 20,000 well-paid professionals. Long-term contracts, including 80 Billion for B-21 bomber jets, AI and robotics programs, and the Supersonic X-Plane, drive economic growth. Increased activity at USAF Plant 42 creates immediate technical and assembly jobs, with over 2,500 new positions generating 6,000+ support jobs locally. Lockheed Martins new 208,000 SF high-tech manufacturing facility (2022) highlights the regions commitment to growth. With no new apartment construction in over 30 years, the Antelope Valleys affordability fuels a robust rental market, making this site a prime opportunity.
Location
State CA
County Los Angeles
Zoning MIXED USE
Interior
Fireplace No
Exterior
Utilities Available Above Ground, Electric
View Y/N No
Water Access Desc Available
Building
Water Available
Others
Tax ID 3107-011-051
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Listed by Stefan N Misiraca Sovessa Inc.
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