N8 Vic Division St And Ave Palmdale, CA 93550
This exceptional 21.39-acre commercial land parcel presents a remarkable investment opportunity in Palmdale, California. Ideally situated at the intersection of Vic Division Street and Avenue N8, this property boasts 883 feet of frontage along Division Street, providing excellent visibility and accessibility. The zoning designation permits the development of a light industrial business park, catering to a wide range of potential uses. Existing infrastructure includes readily available sewer and gas lines running along Division Street, simplifying development and reducing initial costs. The location offers unparalleled convenience, with close proximity to major transportation arteries such as Highway 14 and Sierra Highway, ensuring seamless connectivity for businesses and employees. Furthermore, its strategic location near the Antelope Valley Mall and the aerospace industry hub provides access to a substantial workforce and consumer base. This expansive lot presents a unique chance to establish a thriving industrial development in a rapidly growing area of Los Angeles County, within the 93550 zip code. The property's size, location, and zoning make it an ideal candidate for a variety of light industrial projects, offering significant potential for long-term growth and return on investment. The asking price for this exceptional property is $699,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.