Challenger Way - Signalized Intersection 7.52 Acres of Commercial Land Offered at $1,882,575 CAD in Lancaster, CA 93534

Offering qualified developers the opportunity to purchase approximately 7.52 acres of commercial land at the signalized intersection of two major thoroughfares, Avenue I and Challenger Way. The subject property contains over 350 feet of visible frontage along Avenue I with curb and gutter completed. The population in a 5-mile radius is 143,339 with an average household income of $85,367. The subject property is zoned CPD-Commercial Planned Development, which allows for a broad range of commercial uses, including QSRs, retail, medical, office, vehicle sales, and many others. There is an easement for a future 8th Street East along the western side of the property, which brings the total net size of property to 6.61 acres.