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19140 S Main st
Gardena, CA 90248
Goodyear Blimp Site · Land For Sale
·
30.00 AC
Investment Highlights
- Well Recognized and Iconic location for The Goodyear Blimp
- Immediate Access to the I-405, 91 and I-110 freeways, Ports of Los Angeles and Long Beach and Los Angeles International Airport
- Strong Market Fundamentals - Low vacancy rates and limited new land available
- Critical Mass with approximately 30 acres with I-405 freeway visibility
- Proximity to Affluent South Bay Population Over 2.5 Million people within 10 miles 0 3
- Short Term Leaseback offers near term cash flow as the site gets entitled
Executive Summary
Goodyear (NASDAQ – GT), a well-regarded tenant with strong financials, will do a short term lease back with option to extend on the land, giving the buyer time to plan for the redevelopment.
This iconic site is located right off I-405 with excellent freeway visibility but also it is near the 91 and I-110. This prime location positions the building within 15 and 12 miles of the Ports of Los Angeles/Long Beach and the Los Angeles International Airport, which are essential to servicing Southern California. The site offers high traffic counts, providing excellent branding for multiple uses with approximately 300,000 cars driving by the site daily.
The site was a landfill so potential uses for the development would need to take this into account. There is a Due Diligence war room available once a confidentiality agreement is signed with additional information on the site.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Sale Leaseback | Total Lot Size | 30.00 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | FLX - The City of Carson has been undergoing a General Plan Update. The site has been modified from its zoning as BP- Blimp Port and redesignated Flex Dist. | ||
| Sale Type | Investment |
| Sale Condition | Sale Leaseback |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 30.00 AC |
| No. Stories | 1 |
| Zoning | FLX - The City of Carson has been undergoing a General Plan Update. The site has been modified from its zoning as BP- Blimp Port and redesignated Flex Dist. |
1 Lot Available
Lot
| Lot Size | 30.00 AC |
| Lot Size | 30.00 AC |
Located on the I-405 freeway, this 30-acre site is one of the last remaining large land sites in the area. This iconic site is located right off I-405 with excellent freeway visibility but also it is near the 91 and I-110.
Description
The City of Carson has been undergoing a General Plan Update. The site has been modified from its zoning as BP- Blimp Port and redesignated the property as “Flex District” which allows a broad array of uses. The Flex District appears to allow substantially more development (baseline of 1.0 FAR, and 40 units per acre, before bonuses) than current zoning which allows open air, and effectively undeveloped use only. This zoning, this would allow a substantial increase in development rights. A copy of the Carson 2040 New Zoning Code: Phase 1 dated January 2024 is on the due diligence site. The site was an Organic Refuse Landfill (ORL). The Organic Refuse Landfill Overlay Zone, given its development and use restrictions, along with its regulatory impacts of the environment will need to be considered for any land-use or zoning implications. Any use located on an ORL will need a conditional use permit. ORL – Organic Refuse Landfill. This designation is created to provide for public health, safety and general welfare by regulating uses of organic refuse landfill sites and ensuring that proper mitigation measures are taken to eliminate or minimize hazards to persons and property and environmental risks associated with such sites including, but not limited to, toxicity, fire, explosion and subsidence.
Property Taxes
| Parcel Number | 7339-017-002 | Improvements Assessment | $555,868 |
| Land Assessment | $2,819,626 | Total Assessment | $3,375,494 |
Property Taxes
