This exceptional 2.4-acre parcel in Palmdale, CA (APN 3111-013-056), presents a compelling investment opportunity. Zoned A-2, this land boasts immediate access to Highway 14's off-ramp, placing it within easy reach of the Antelope Valley Mall, Super Walmart, Sam's Club, and other key commercial establishments. The property's strategic location between Palmdale and Lancaster, coupled with the area's robust economic growth and investment activity, makes it highly attractive. A significant development is underway across the highway: a one-million-square-foot food assembly and distribution center projected to employ 800-1000 workers. All utilities are available on-site, and the potential exists to consolidate with adjacent parcels. This prime location offers unparalleled access to major transportation arteries, making it ideal for various commercial ventures. The asking price is $399,000. This property is perfect for investors seeking exposure to a thriving market with significant future potential. The property is located at W Ave N, Palmdale, CA 93551, Los Angeles County.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.