The subject property consists of 86 acres located on the southwest corner of Pearblossom Highway and 47th E Street in Palmdale, California. The property is located in Los Angeles County and is part of the Antelope Valley Plan. The property is relatively flat in topography and has over ½ mile of frontage to 47th St E and approximately ¼ mile of frontage to Pearblossom Hwy. To the east and south of the property is vacant land, to the west there is an existing residential community, and to the north there is a vacant parcel as well as several medium density residential communities. The subject property is zoned MXD – RU (Rural Mixed Use Development Zone) with a MU-R (Mixed Use-Rural) land use designation which allows for a wide range of potential uses.