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Property profile & analytics
OFF-MARKET
Commercial real estate

38543 10Th St Palmdale, CA 93550

Property ID
US09-6607183
Property summary
AI-generated overview

This exceptional 46,635 sq ft land parcel in Palmdale, CA (93550), presents a unique redevelopment opportunity. Zoned PDC2, it's fully entitled and approved for a 50-unit multifamily development. Located at 38543 10th St E, this 1.07-acre site (9 parcels: APNs 3008-038-011, 012, 013, 015, 019, 034, 035, 036, 037) is situated in an opportunity zone and boasts exceptional accessibility. Its proximity to the upcoming high-speed rail station, the 14 Freeway, Sierra Highway, Palmdale Blvd, and City Hall ensures high visibility and convenient access for future residents. The area also offers nearby amenities such as Desert Sand Park. Three rail services and one freight line will serve the site, including two for the California High-Speed Rail and one for the Brightline West/High Desert Corridor. This presents a rare chance to capitalize on Palmdale's significant growth potential. Renderings of the Palmdale High-Speed Rail Station are available. Asking price: $2,400,000.

Property profile
Verified
Property type Commercial real estate
UPID US09-6607183
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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