1 Pearblossom Hwy Palmdale, CA
This exceptional 4.85-acre industrial property in Palmdale, California, presents a remarkable investment opportunity. Boasting approximately 211,000 square feet of regionally zoned commercial land, this site offers unparalleled visibility and high traffic counts due to its prominent location on Pearblossom Highway. The property features over 410 feet of frontage, making it highly suitable for a diverse range of commercial uses. Its strategic location benefits from a thriving surrounding area, including a recently developed subdivision of over 200 homes to the north, enhancing its potential for future growth. The property's proximity to established businesses further strengthens its appeal. A major Pilot Travel Center is located just one block west, adjacent to the Antelope Valley Swap Meet, which generates approximately $100 million in gross annual sales and is part of a national network recently acquired for $8.2 billion. Furthermore, the property is conveniently situated approximately one mile from a Walmart, Lowe's, a fitness center, McDonald's, and Jack in the Box, indicating a strong retail presence and high consumer traffic. The area is also undergoing infrastructure improvements with plans to extend sewer lines, further enhancing the property's value and utility. This prime location offers significant potential for substantial returns. The asking price is $845,000.
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
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