NWC of Avenue G & Sierra Hwy

Description:

The property is located on the NWC of Avenue G & Sierra Hwy in Lancaster, CA

Industrial Investment Opportunity

Rare opportunity to acquire this 8.2± acre industrial-zoned parcel, strategically located within the approximately 7,150±-acre “Westside Annexation Area,” a major expansion of the City of Lancaster that has received approval from both the City of Lancaster and the Los Angeles County Local Agency Formation Commission (LAFCO). The annexation represents a significant long-term expansion of Lancaster's jurisdiction and development footprint. Prominently positioned at the northwest corner of Sierra Highway and Avenue G, the property is strategically located just south of 1,861+/-acre “North Lancaster Industrial Specific Plan,” which is envisioned to accommodate up to some 38.5 million square feet of industrial development! The planned industrial expansion has the potential to establish a major new employment, logistics, manufacturing and distribution hub in the northern Lancaster area. With excellent visibility along Sierra Highway, substantial acreage and a strategic location within one of Lancaster's most significant long-term growth areas, this property presents an attractive opportunity for land banking, investment and/or future industrial development! The property is also situated near significant industrial users, including BYD's 556,000+/- square-foot electric bus manufacturing facility, and is conveniently located just minutes from State Route 14, providing regional connectivity throughout the Antelope Valley and beyond.

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Listing ID: 3e73748e-4542-41aa-9adb-310e0105d5b0