Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Palmdale, CA Title is generated by Realmo AI

    Joshua Grove Avenue, Palmdale, CA 93591

    View on Map
    Claim this Listing
    For Sale
    $34,999

    LAND - Palmdale, CA

    Lot size:
    0.54 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    28
    Last Refresh:
    May 26 at 4:06 pm

    Property Features for Joshua Grove Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-A
    Standard status
    Active
    APN
    3072-025-020
    Lot size
    0.54 Acres

    Utilities

    Sewer type
    None

    We can help!

    Listing Contact
    Ruben Del Rio
    Ruben Del Rio

    Listing agent Ruben Del Rio License #01276100

    Listing office Home & Land Source 38345 30th St E # F4, Palmdale, CA

    Listing date Apr 29, 2026

    MLS# 26003448 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Residential zoning allows for building a home
    • Spacious 0.54 acre lot size
    • Located in Lake Los Angeles area of LA County
    • Vacant lot ready for development
    • Close proximity to homes with utilities
    • Coordinates provided for easy location

    Overview

    This 0.54-acre vacant lot is located on Joshua Grove Ave and 179th St E in the Lake Los Angeles area of Palmdale, CA. The property, identified by APN 3072-025-020, is zoned for residential use (R-A). The location is near homes with utilities, making it suitable for building a dream home. The coordinates for the parcel are 34.606889, -117.813389.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -117.811578
    Latitude
    34.606664

    Nearby Similar for Sale

    • $350,000
      4,000 SF

      Established Palmdale Nightclub & Restaurant

      Operating since 2004, versatile restaurant and premier nightclub.
      232 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $899,900
      2,500 SF

      Prime Commercial Opportunity in Palmdale

      Versatile commercial space with excellent rental potential in a growing area.
      514 Commerce, Palmdale, CA 93551
      View Details
    • $595,000
      700 SF

      Versatile Palmdale Live/Work Property

      4.86 acre Palmdale property with live/work setup.
      38960 12th Street E, Palmdale, CA 93550
      View Details
    • $499,000

      Palmdale Land Package Deal

      2.4 acres of land with PDLI zoning potential.
      0 90th St E Palmdale Blvd E, Palmdale, CA 93552
      View Details
    • $649,000
      4,428 SF

      Palmdale Retail Opportunity on Corner

      Retail building with flexible leases, redevelopment potential, and high visibility.
      38463 9th Street E, Palmdale, CA 93550
      View Details
    • $1,200,000

      Prime Commercial Land in Palmdale

      1.83-acre commercial lot in Palmdale's thriving business district.
      30 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $625,000
      2,420 SF

      Palmdale Duplex: Investment Opportunity

      Spacious duplex in Palmdale, ideal for investors or owner-users.
      38726 4th Street, Palmdale, CA 93550
      View Details
    • $1,200,000

      Prime Commercial Lot in Palmdale

      1.83-acre commercial lot in Palmdale's thriving business district.
      30 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $180,000

      Palmdale Land with Development Potential

      Two adjacent parcels totaling 43,449 sq ft in Palmdale, CA.
      Sierra Highway, Palmdale, CA 93550
      View Details
    • $195,000

      Palmdale Corner Parcel For Sale

      Corner parcel with PDA-1 zoning, ideal for development.
      Cor 40th St E, Palmdale, CA 93550
      View Details
    • $325,000

      Palmdale Land with Water Meter

      2.3-acre lot with water meter in West Palmdale.
      2600 W Ave O, Palmdale, CA 93551
      View Details
    • $195,000

      Palmdale Corner Parcel for Development

      Two-acre corner parcel with PDA-1 zoning, ideal for development.
      0 Avenue T4, Palmdale, CA 93550
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.54 acre residential lot in Lake Los Angeles area.
    Where is this residential land & home lot located?
    The property is located at Joshua Grove Avenue Palmdale, CA.
    What is the asking price?
    The asking price for this property is $34,999.
    What are key features of this property?
    This property features: Residential zoning allows for building a home; Spacious 0.54 acre lot size; Located in Lake Los Angeles area of LA County
    (661) 998-9460
    We can help!
    Listing Contact
    Ruben Del Rio
    Ruben Del Rio
    Real Estate License ID: 01276100
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Joshua Grove Avenue, Palmdale, CA 93591
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!