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Property profile

0 42Nd St Palmdale, CA 93552

OFF-MARKET
Land
9.25 ac lot
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Property summary

AI-generated overview

This exceptional 9.25-acre parcel presents a compelling investment and development opportunity in Palmdale, California. Located on the north side of Palmdale Boulevard, between 40th and 45th Streets East, this property boasts a highly desirable MU2 (Mixed Use 2) zoning designation. The zoning allows for a residential density of 20 to 30 dwelling units per acre, offering significant potential for a diverse range of development projects. The APN is 3023-003-038. Situated in Los Angeles County, this strategically located land is within easy reach of shopping centers, schools, and healthcare facilities, making it an attractive location for both residential and commercial ventures. The asking price for this expansive property is $975,000. Its prime location in a rapidly developing area positions it for substantial future appreciation. This is a rare opportunity to acquire a large tract of land with excellent zoning in a high-growth area of Palmdale. The property's address is E Palmdale Blvd, 42nd Street E, Palmdale, CA 93552. Don't miss this chance to capitalize on the potential of this exceptional mixed-use development site.

Property profile

Verified
Property type Land
Lot 9.25 ac (402,930 SF)

Cap rate & NOI

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

Location

42Nd St 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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