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    L4 Avenue Palmdale, CA 93552

    Sponsored
    For Sale
    $129,000

    2.55-acre level commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.55-acre commercial land parcel presents a unique investment opportunity in Palmdale, California. Located at Avenue L4, 93552, this property boasts a convenient location south of the Palmdale soccer field and north of Palmdale Airport, ensuring excellent visibility and accessibility. The lot is designated as PD M1 1/2 zoning, offering a range of potential development options. The land is level, simplifying construction and reducing potential site preparation costs. Legal access is already established, eliminating a significant hurdle in the development process. With a total asking price of $129,000, this translates to an attractive price per acre of $50,588.24. The property's APN is 3170-019-123. Situated in Los Angeles County, this parcel offers significant potential for investors seeking a prime location for commercial development in a growing area. The flat terrain and established access make this a highly desirable and readily developable site. This is an excellent opportunity to acquire a strategically located commercial land parcel in a thriving California market.

    Property Features for L4 Avenue

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • $129,000 asking price for 2.55 acres of commercial land.
    • Located in Palmdale, CA, Los Angeles County, zip code 93552.
    • APN: 3170‑019‑123.
    • Zoned PD M1 1/2.
    • $50,588.24 per acre land value.
    • Level lot with legal access, south of a soccer field and north of Palmdale Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -117.9963118
    Latitude
    34.6570304

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    FAQs

    What type of property is this?
    Land - 2.55-acre level commercial lot, ideal for development.
    Where is this land located?
    The property is located at L4 Avenue Palmdale, CA.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: $129,000 asking price for 2.55 acres of commercial land.; Located in Palmdale, CA, Los Angeles County, zip code 93552.; APN: 3170-019-123.
    Request Owner's contact information
    L4 Avenue Palmdale, CA 93552
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    Realmo Value Estimation

    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.

    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.

    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
    L4 Avenue Palmdale, CA 93552
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