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Avenue J & 70-75 Street E - Parcels 1 & 2, Lancaster, CA

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Avenue J & 70-75 Street E - Parcels 1 & 2

Lancaster, CA 93535 - NE LA County Outlying Submarket

Property Type:Land Parcel Size:119 Acres
For Sale Price:$4,350,000 Price/Acre:$36,555 Price/SF:$0.84

Proposed Use:Hold for Development, Agricultural

On-Site Improv:Raw land

Sale Notes:
The 2 parcels are within City of Lancaster limits and provide excellent visibility on a heavily traveled Avenue "J" main street corridor to downtown. Located at the southeast corner fronting Ave. J & 70th-75th St. East. [APN 3384-009-001 = 80+/- Acs. & 3384-009-006 = 39+/- Acs.]. Ideal for hospital/medical care, university, commercial, retail, hospitality, manufacture, research and development, residential, sports, recreational, solar development or farming. The parcels are level, unobstructed and vacant with 1 water well and electrical power is provided to the properties. The Antelope Valley Basin Adjudication granted the parcels 50 Ac.Ft. Per Year, and with 'Carryovers' now total 200 Ac. Ft. of available groundwater production. The parcels are zoned agriculture but reasonably could be adjusted by variance via City application. The parcels are also available For Lease at $1,000.00 Per Ac. Per Year. [Owner since 1985].
* Additionally available are 2 - 10+/- Acs. For Sale or Lease located 1/4 mile 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 combination with the 119 Ac. parcels.
* Additionally available are 10+/- Acs. For Sale or Lease fronting Ave. C & 97th St. West. [APN 3262-016-011].

Sheldon Blum
Sheldon R Blum
(408) 377-7320

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