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Property profile

Av Vic Desert Spg Palmdale, CA 93551

OFF-MARKET
Land
0.72 ac lot
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Property summary

AI-generated overview

This exceptional 0.72-acre parcel presents a unique investment opportunity in Palmdale, California. Located on Vic Desert Springs Avenue, this pie-shaped lot boasts a strategic location adjacent to the 14 Freeway, offering unparalleled accessibility and visibility. The property's APN is 3054-023-016, and it's zoned LCA21, permitting agricultural and commercial uses. With dimensions approximating 30 feet to 1 acre, the land features a sloped topography. The total square footage is 31,382. Priced at $15,000, this translates to a price per acre of $20,833.33. Its versatile zoning and prime location make it ideal for a variety of development possibilities, catering to both agricultural and commercial ventures. The property's proximity to the freeway ensures high traffic exposure, making it an attractive proposition for businesses seeking a prominent location. This is a rare opportunity to acquire a strategically located parcel in a rapidly growing area of Los Angeles County, California, with a zip code of 93551. The property's unique triangular shape and sloped terrain offer distinct design possibilities for creative development.

Property profile

Verified
Property type Land
Lot 0.72 ac (31,363 SF)

Cap rate & NOI

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

Location

Av Vic Desert Spg Palmdale, CA 93551
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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