M-12 West & Ave Palmdale, CA 93551
This exceptional 2.01-acre commercial land parcel presents a unique investment opportunity in Palmdale, California. Located at the southwest corner of 10th Street West and Avenue M-12, this property boasts over 175 feet of frontage on 10th Street West, a major thoroughfare connecting Lancaster and Palmdale, with an average daily traffic count of 18,436 vehicles. Its strategic "mid-cities" location offers convenient access to the Antelope Valley Courthouse and Palmdale Regional Medical Center. The property is zoned for Office Flex (OF) use, making it ideal for a variety of professional, medical, or research and development ventures. This rapidly growing west Palmdale area is experiencing significant development, particularly with the expansion of the nearby Freeway Business Park, further enhancing the property's value and potential. The property's APN is 3111-022-060. This is a rare opportunity to acquire a substantial land holding in a high-traffic, high-growth area of Los Angeles County, with convenient freeway access. The asking price is $325,000. The zip code is 93551.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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