Property profile

57th St Blvd Palmdale, CA 93550

OFF-MARKET
Land
1.15 ac lot
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Property summary

AI-generated overview

This 1.15-acre residential land parcel, APN 3023-002-137, presents a remarkable opportunity in Palmdale, CA. Located on Palmdale Blvd, this property boasts convenient proximity to utilities, simplifying the development process. The lot is zoned PD R1 7000 (Planned Development - Residential, minimum lot size 7,000 sq. ft.), making it ideal for building a new home. Situated amongst established single-family homes, this parcel offers a blend of community and space. Palmdale's dynamic growth, coupled with easy access to major highways and public transportation, ensures strong potential for future appreciation. The asking price is $72,500, translating to $63,043.48 per acre. This property is part of a larger offering of three one-acre parcels, and may be purchased individually or as a group. The address is 57th St East/Palmdale Blvd, Palmdale, CA 93550, within Los Angeles County. This is a fantastic investment opportunity in a thriving area with excellent amenities, including top-tier schools, diverse shopping, and a variety of dining options nearby. Don't miss this chance to secure your place in Palmdale's future.

Property profile

Verified
Property type Land
Lot 1.15 ac (50,094 SF)

Cap rate & NOI

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

Location

57th St Blvd Palmdale, CA 93550
Palmdale metro
Google Maps

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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