46838 N Peace Valley Road, Gorman, CA 93536
Property
Sold August 2024
Listing Agent: Neville Graham (DRE #01171015) · Listing Office: Avenue 8, Inc. · Contact: 310-818-3251 · Bought with: Livani Yoakum · MV & Associates · MLS #24393327 · Source: CRMLS
About this property
We are pleased to present a unique opportunity consisting of +/-58.57AC of vacant land along the 5 Freeway and in close proximity to the intersection of Highway 138. The offering consists of two parcels, with one 56-acre parcel that fronts both Peace Valley Road and Ralph Ranch Road, as well as a 2nd 2.5-acre parcel that fronts Ralph Ranch Road and the 5 Freeway. Both parcels offer phenomenal visibility to the 5 Freeway and are well-positioned for a developer or owner user to take advantage of the 250,000+ vehicles per day traveling along one of the busiest freeways in the world that provides access to Los Angeles ports, Central Valley agricultural businesses, San Francisco tech hubs, and the entire West Coast. With nearby future developments, including the 12,000+ acre Centennial at Tejon Ranch Master Planned Community approximately 3 miles away, which include 19,000+ homes and 10MM+ square feet of retail/public/business park/office space/civic development, the next owner of these parcels may be well positioned for significant growth over the coming years. Also nearby is Pyramid Lake only 5 miles to the South, and the Tejon Ranch Commerce Center just 8 miles to the North. Contact the listing team today for additional information regarding this unique opportunity.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history