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Property profile

S-8 Avenue Palmdale, CA 93552

OFF-MARKET
Land
2.27 ac lot
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Property summary

AI-generated overview

This exceptional 2.27-acre residential lot in Palmdale, California, presents a unique opportunity for development. Located on E Avenue S-8, east of 40th Street E, in the desirable 93552 zip code, this property is zoned SFR-3, allowing for a maximum of six units per acre. Its convenient infill location offers proximity to schools, hospitals, and shopping centers, enhancing its appeal and potential value. The expansive lot size provides ample space for the construction of one or more substantial homes, each with generous yard space. The possibilities are numerous, including the potential for subdivision, creating multiple buildable lots. Imagine building your dream home, or developing a small community of homes, all within a thriving and accessible area. The property's APN is 3052-006-019 & 004. This is a rare chance to acquire a large, well-situated residential lot in a growing California community. The asking price is $147,550. Don't miss this opportunity to capitalize on the potential of this remarkable property. The ample space allows for additional features such as workshops, ample parking for recreational vehicles, or room for animals.

Property profile

Verified
Property type Land
Lot 2.27 ac (98,881 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

S-8 Avenue Palmdale, CA 93552
Palmdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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