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Commercial / Industrial Developments
ENTERPRISE INDUSTRIAL PARK
Lancaster, Los Angeles County, CA
Enterprise Industrial Park is, with no doubt, the most desirable commercial – industrial project in the Antelope Valley.
The Antelope Valley is located in the Northern section of the Los Angeles Metropolitan Area and includes the Twin-Cities of Lancaster and Palmdale. The Antelope Valley has been, and still is, one of the fastest growing areas in the Nation and has an aggregate population of well over 500,000 people.
With an original size of 80 acres, Enterprise Industrial Park, was partially developed with infrastructures and utilities to create 13 single finished lots covering an area of approximately 32
acres. These 13 lots were quickly sold and are currently improved, or in the process of being improved, with commercial-industrial buildings.
Enterprise Industrial Park is zoned “Light Industrial” which is the most flexible zoning allowing virtually any kind of development except Residential and Heavy Industrial uses.
Enterprise Industrial Park is also located in the Enterprise Zone which grants significant tax benefits to the businesses located within its boundaries.
The recent completion of the Los Angeles County Court House, virtually adjacent to the property, gives to Enterprise Industrial Park a unique exposure and a great potential as a site for office buildings for professional activities connected with the Court House.
The remaining Enterprise Industrial Park’s undeveloped 48 acres, are offered for sale at $4,000,000. These 48 acres are in the process of being subdivided in 43 single lots (Tentative Parcel No. 66115). With all studies, surveys and reports, including Geological, Phase One Environmental and Traffic Study already completed and submitted, approval of the Tentative Parcel No. 66115 by the City of Lancaster is deemed imminent.
Single lots with possibility of combining into larger sizes, are in very high demand in the general area, a demand that has not been met by an adequate offer. In fact, currently there are no ready- to-build finished lots available for sale.
The investment to build the infrastructures needed to deliver ready-to-build lots, is considerable. The return, however, is extremely attractive and is estimated in several millions of dollars.
Estimated investment and projected net return is available upon request to qualified buyers only.
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