East Palmdale Industrial Parcel- Airport Investment Play



  75th East, on L-12, SW corner
  east Palmdale, 4.4 miles east of downtown Palmdale
  4.34 net acres
  3386- 22- 1
  M-4, Planned Industrial, City of Palmdale
  level and flat
  300' on L-12 x 630’ deep (on 75th East)  
  none to parcel
  $9,500 each ($2,188 per acre)
Existing Notes-
  none, free & clear
  all cash

Subject property is a path of growth industrial property, in and zoned by the City of Palmdale. Parcel is zoned M-4, Planned Industrial, and allows for light industrial business park uses. Four miles to the west of subject properties is Plant 42, home of three great aerospace defense giants, Boeing, Northrop Grumman, and Lockheed Martin. Plant 42 is often referred to as the “aerospace capital of the world.” The US Air Force provides onsite security at Plant 42. Parcel is flat and level. While no roads are in, parcel has legal access out to 70th St East via Ave L-12, a legally created street (see plat map). Even though this parcel is located in the Palmdale Sanitation District, at the offered price, this parcel represents a low risk speculation on any future airport growth by the City of Palmdale.

Palmdale Sanitation District- this parcel is located in the Palmdale Sanitation District, as designated by Los Angeles County. The purpose of the “District” is for Los Angeles County to acquire land over a period of years for the purpose of water reclamation and storage. Los Angeles County has the right of Eminent Domain in the “District” out to the year 2025. Eminent Domain law requires that if LA County wants any parcel in the “District”, the County must pay fair market value.

Buyer and buyer’s agent to verify all information provided herein by listing broker.

Safety and Cautions-
  Anyone inspecting, or walking on the property, off the road, should be aware that rattlesnakes and other desert wild life could be in the area. Be careful and use common sense!   
Directions to Property-
  Exit Fwy 14 at Ave K. Go east on Ave K for 8.5 miles to 70th St East. At 70th East, turn right (south) and proceed 1.75 miles. Stop. Subject parcel is to your left (east) 1/2 mile.