Palmdale Investment
For Sale
Contact for pricing
10th St E, Palmdale, CA 93550
Investment opportunity in Palmdale, a thriving aerospace hub.
Property SizeContact for details
Days on Market1146
Property Features for 10th St E
General Information
Standard status
Active
Property subtype
Land
Zoning
RN-3
Listing Agency:
Sovessa Commerical Real Estate
(619) 592-2655
Listed By:
Stefan Misiraca · License #01381792
Source:
Crexi
Added: Jul 7, 2023
Changed: Aug 8
Last Checked: Aug 8 at 11:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sovessa Commerical Real Estate
Investment Insights
Based on property information with market context.
This property presents an investment opportunity in Palmdale, characterized by a housing shortage and economic growth. The area is home to over 20,000 aerospace professionals employed by companies such as Northrop Grumman, Lockheed Martin, Boeing, General Atomics, and NASA at USAF Plant 42. Recent long-term defense contracts, including an $80 billion contract for B-21 bomber jets, Skunk Works AI and robotics programs, and Supersonic X-Plane development, are major economic drivers. Immediate technical and assembly jobs, with over 2,500 new positions, are expected to drive over 6,000 support jobs in the local economy. Lockheed Martin's new 208,000 square foot advanced manufacturing facility, established in 2022, indicates long-term investment in Palmdale. The property is suitable for residential or mixed-use projects.
Key Highlights
- Extreme supply/demand imbalance: Prime opportunity for residential development due to no new apartments in over 30 years.
- High‑demand market: Driven by 20,000+ well‑paid aerospace professionals.
- Major economic drivers: Long‑term defense contracts, including the $80B B‑21 bomber jet project.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 93550, CA
82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Investment opportunity in Palmdale, a thriving aerospace hub.
Where is this residential land & home lot located?
The property is located at 10th St E Palmdale, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Extreme supply/demand imbalance: Prime opportunity for residential development due to no new apartments in over 30 years.; High‑demand market: Driven by 20,000+ well‑paid aerospace professionals.; Major economic drivers: Long‑term defense contracts, including the $80B B‑21 bomber jet project.
