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    L-8 30Th St Palmdale, CA 93550

    For Sale
    $225,000

    1.25-Acre Industrial Lot, Ready to Use

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 1.25-acre industrial lot, located on Avenue L-8 near 30th Street East in Palmdale, California (zip code 93550), presents a unique opportunity for owner-users. Situated in Los Angeles County, this property offers a turnkey solution for storage or parking needs. The lot is fully enclosed by a chain-link fence and features a crushed asphalt surface, providing a durable and easily maintained area. Its secluded location within Palmdale offers privacy and security. The property's convenient proximity to Northrop Grumman and Plant 42 adds significant value for businesses operating in the area. Priced at $225,000, this lot represents a compelling investment. The seller is willing to consider short-term financing for qualified buyers, making this an even more attractive proposition. This is a rare opportunity to acquire a ready-to-use industrial lot in a desirable location. The property is classified as industrial land and is zoned for industrial use. No existing structures are present on the site. The lot size is 1.25 acres.

    Property Features for L-8 30Th St

    General Information

    Property type
    Land
    Lot Size
    54,450 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.0409514
    Latitude
    34.6533242

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    FAQs

    What type of property is this?
    Land - 1.25-Acre Industrial Lot, Ready to Use
    Where is this land located?
    The property is located at L-8 30Th St Palmdale, CA.
    What is the asking price?
    The asking price for this property is $225,000.
    Request Owner's contact information
    L-8 30Th St Palmdale, CA 93550
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    Palmdale, CA 93550
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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
    L-8 30Th St Palmdale, CA 93550
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