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Listed by Mark Mestepey, DRE #01991537 • Castlestone Properties, Inc.
$ 495,000
Est. payment /mo
Price Dropped by $300K
16500 Pearblossom HWY Palmdale, CA 93591
8.03 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26145272
Lot Size 8.031 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Over 8 acres of commercial-zoned land on prime Pearblossom Hwy (Hwy 138). This property sits at the northwest corner of Pearblossom Hwy and 165th St E, which is a major signalized intersection. Pearblossom Hwy is a heavily driven thoroughfare connecting Palmdale and Victorville, with thousands of cars driving past this location daily, as well as significant truck traffic. The daily average traffic count at this junction is believed to be 17,500 vehicles, which is an excellent figure. 165th is also a notable street, connecting to the town of Lake LA to the north. There are power lines running alongside 165th. This is the only corner at the Pearblossom Hwy/165th intersection with commercial zoning, and 1 of 2 parcels with commercial zoning within a multiple-mile radius. As such, this land is a very rare and unique situation, as well as a great long-term investment or land-banking opportunity. The specific zoning is LA County's "Rural Commercial" zoning, which is highly flexible. Potential low-investment uses that fit the character of the area, as well as the high-traffic location, include truck/RV/boat facilities, swap meets, farmer's markets, mobile food vendor parking, billboards/signage, etc. These may also be good temporary uses of the land while planning for a more significant
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning PRKG,LSR
Exterior
View Hills
Others
Tax ID 3036009035
Special Listing Condition Not Applicable
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