1. Property consists of 3 Assessor Parcel #’s 3052-079-002 & 003 & 004 2. Approx 4.53 Acres Acres/ 4.32 Acres Net 3. Zoning Consists of 2 Zones a. Neighborhood Commercial - allowing for Convenience-type retail and service designed to serve daily needs of the immediate neighborhood up to 0.5 FAR b. Single Family Residential 3 – allowing for detached dwellings on standard 7,000 square foot minimum lot size are typical up to 6 units per acre c. At one point Ownership prepared a proposed site plan with 21 total Townhome Units with Retail , Drive Thru Coffee and Gas Station with Electric Stations. Zoning may have changed after Architectural plans were drawn so Buyer needs to confirm the proposed plan is viable. The Architectural plans are available to a Buyer, NO permits have been issued by the City of Palmdale for this project. d. The City of Palmdale is requiring a VMT analysis and LOS traffic study for development which has NOT been done. 4. Seller may consider a Joint Venture 5. Buyer is responsible to verify all property information