0 Avenue Q14 Palmdale, CA 93550
Exceptional investment opportunity: 4.23 acres of commercial land in Palmdale, California, listed at $649,000. This property, identified by APN 3014-026-004, is situated on Avenue Q14, zip code 93550, within Los Angeles County. The land is zoned PD (RN 3), permitting "missing middle" housing developments such as walkups, garden apartments, and rowhouses, with a density range of 20 to 30 dwelling units per acre. Single-family attached and detached housing is also permissible. Water availability is confirmed. The property comprises three parcels: one 0.84 acres, one 0.73 acres, and one 2.6 acres. This location is ideal for developers seeking to capitalize on the demand for middle-density housing in a well-established Palmdale residential neighborhood. The zoning designation, RN 3, is specifically designed for areas with adequate infrastructure and services, ensuring a smooth development process. This land offers a unique chance to create a thriving residential community within a convenient and desirable location. The price per acre is $153,427.90. This property presents a compelling investment opportunity in a growing California market.
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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