Parkdale Road

El Mirage, CA 92301
$1,499,000
Courtesy of Gregg Cochran, Broker

Description

40 AC parcel (1/4 mi by 1/4 mi) square in shape. Land is flat. Extensive land records search prove the property has water rights and 50% mineral rights which run with the land. Northern portion of parcel is lies along the southern edge of the approved High Desert Corridor (HDC, tentatively named S-330). The approved 50 mile expressway has been designed to have 8 vehicle traffic lanes (east/west) and 2 high speed rail lanes running from Palmdale (West) to Apple Valley (East). The intersection with Sheep Creek Rd. is a designated on/off ramp site and train stop for passengers. Recently Virgin Rail purchased the Hi-Speed Train rights and has sought approval to commence construction. Per recent reports/updates by the Joint HDC Commission, commencing in June 2018 LA county has begun land acquisition and/or identification to commence the right-of-way from Palmdale east to the county line. This property is approximately 4 miles from the county line. Per San Bernardino county traffic survey, Sheep Creek Rd average daily traffic count is 1547 vehicles and El Mirage Rd is 2554 vehicles. Caltrans HDC final traffic study June 2014,estimate the Sheep Creek/HDC interchange to have an average daily traffic count of 4410 vehicles. Also note, site sits atop 2000+ acre feet of water. Electricity and natural gas lines are nearby. This is a development opportunity with extreme potential upside growth.
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  • Property Details
    • Property
      • View:Mountains
      • Lot description:CornerLot, Level, RectangularLot, StreetLevel
    • Measurements
      • Acres:40
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:SeeRemarks
  • Community and Neighborhood Details
    • Location
      • County:San Bernardino
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 999, 000
      • Selling office_commission:2.750
  • Other
    • Source
      • MLS #:OC18199737

Location

Claudia StackleReal Estate Group
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