88 Quail Lk Rd Gorman, CA 93536
This exceptional commercial land offering encompasses three vacant, commercially zoned lots totaling approximately 60.71 acres of predominantly flat land in Gorman, California. Strategically positioned at the intersection of Interstate 5 and Interstate 38, this property benefits from high daily traffic volume—approximately 250,000 vehicles—with convenient access provided by three freeway on-ramps and three off-ramps. The existing road infrastructure significantly reduces development costs, presenting a compelling advantage for potential buyers. Located 25 miles north of Santa Clarita, 38 miles west of Lancaster, and 40 miles south of Bakersfield, this location offers unparalleled connectivity. Nearby points of interest include Pyramid Lake (5 miles south), the Tejon Ranch Commerce Center (8 miles north), and the Centennial Master Plan Community at Tejon Ranch (3 miles east), further enhancing the investment potential. The property's development potential is underscored by extensive investigative reports completed by David Evans & Associates in 2022. This presents a rare opportunity for developers and investors seeking a significant commercial land acquisition in Los Angeles County. The asking price is $5,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.