0 30Th St Palmdale, CA 93550
This exceptional 5.16-acre parcel, APN 3019-003-007, presents a remarkable opportunity for residential development in Palmdale, California. Located on Avenue R4 / 30th Street E, this property is zoned Residential Neighborhood 2 (RN2), allowing for the construction of 10-20 units per acre. Ideal for a variety of multi-unit residential projects, including townhouses, condominiums, or apartments, this site offers significant potential for high returns. The property boasts 224,770 square feet and is part of the Palmdale Colony Lands. Utilities, including power and water, are conveniently located at the street, minimizing infrastructure costs. Its prime location offers easy access to local amenities, services, and major transportation routes, making it an attractive location for future residents. The asking price is $374,500, representing a land value of $72,577.52 per acre. This infill location within a growing community ensures strong demand for residential housing. The property's accessibility makes it suitable for projects aiming for a quick turnaround. This is a rare opportunity to acquire a well-situated parcel in a thriving area, poised for significant residential growth. The property's zoning and location combine to create a compelling investment prospect.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.