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Investment Highlights

  • Located in the growing community of Arvin, CA
  • Proximity to Hard Rock Casino & Tejon Ranch Commerce Center
  • Located near expanding employment base

Executive Summary

• Asking Price: $5,959,000.00 ($2.63/psf)
• Total Land Available: +/- 51.86 acres (net.)
• Strategic mixed-use zoning (City of Arvin)
- C-2 Retail
- M-2 Industrial
- R-2 Medium Density Residential
- R-4 High Density Residential
• Parcel Map to be recorded prior to the close of escrow

Data Room Click Here to Access

Property Facts

Price $5,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Apartment Units
Total Lot Size 51.86 AC
Cross Streets Sycamore Rd & Malovich Rd
Zoning C-2,M-2, R-2,R-4 - C-2: Retail, M-2: Industrial, R-2: Medium Density Residential, R-4: High Density Residential

1 Lot Available

Lot 2-11

Price $5,950,000
Price Per AC $114,731.97
Lot Size 51.86 AC

• Lots 2-5: 4.78 total acres of C-2 Retail • Lots 5-6: 29.52 total acres of M-2 Industrial • Lots 8-9: 10.86 total acres of R-2 Medium Density Residential • Lots 10-11: 6.70 total acres of High Density Residential

Description

• Utilities nearby, engineering studies and plans available upon request • Key Demographics (3-Mile Radius): - Population: 19,801 - Median Household Income: $50,948 - Total Businesses: 240 - Total Employees: 2,668 - Per Capita Income: $16,764

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
189-352-08-00-6
Land Assessment
$183,472
Improvements Assessment
$85,217
Total Assessment
$268,689
  • Listing ID: 28768145

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: Sycamore Rd & Tejon Hwy, Arvin, CA 93203

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