Air Expressway Blvd 10 Acres of Commercial Land Offered at $1,239,658 CAD in Adelanto, CA 92301

Description: This property is located approximately 2.26 miles southwest of the Southern California Logistics Airport, and located on paved Air Expressway between Verbena and Aster. The Southern California Logistics Airport is poised to become one of the most important cargo airports in the U.S. The parade of billion dollar companies like Boeing, General Electric, and Dr. Pepper/Snapple has already begun at this Airport. This Property is located approximately 1.125 miles to the west of Highway 395, and is located on the south side of Air Expressway, being situated about 330 feet to the west of Verbena. It is also situated about .95-miles west of the magnificent Adelanto City Hall. The approximate dimensions of this 10-acre property are 330 feet on Air Expressway by 1320 feet deep. Air Expressway is the main thoroughfare leading to the entrance of the Southern California Logistics Airport. Currently, the property is located about 1/2 of a mile to the east of hundreds of established homes. The Property is also located about .90-miles northeast of the Adelanto Industrial Parks that are home to hundreds of established businesses. The LM zoning permits a wide array of commercial and industrial uses.
Zoning: LM - The LM zoning permits commercial uses such as a grocery store, gas station, car wash, convenience store, dry cleaning, motel with 50 or fewer rooms, movie theatre, a nightclub, a tavern or bar, a pharmacy, an office building, and a restaurant; and light industrial uses such as repair or service businesses, and mini storage. All of the above uses would be subject to the requirements and development approval of the city of Adelanto. According to the City of Adelanto’s General Plan Land Use & Zoning Map, dated 1/18/18, this Property is also within the Medical Marijuana Cultivation Zone.

Price and Terms: $899,000 After the 50% down payment, the balance can be financed over 5 years at 7.5% interest.