5th St - Commercial LAND FOR SALE


Palmdale, CA 93551 130,680 SF
$1,500,000 USD
661-965-0143
5th St, Palmdale, CA for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/10
130,680 SF

5th St
Palmdale, CA 93551


OVERVIEW

Build-to-Suit or For Sale One of the premier locations within Palmdale’s “Trade and Commerce” zone, this corner property with exceptional visibility from the 14 freeway, is steps from Palmdale Blvd., a 190-bed Palmdale Regional Medical Center, and within 1 mile of the city major commercial district with shopping and restaurants. Zoned as Visitor Commercial, the site is ideal for extended and long-term residences as well as a multitude of by-right uses including Restaurants, Drive-Throughs, Family Day Care, Civic and Government, Retail, Medical, Veterinary, Office, Banks, and many more. Developer has designed a “by-right”120-unit long-term stay apartment home development. Palmdale boasts overall average weekday hotel vacancies under 30% and overall average weekend vacancies under 20%. These are fueled by the aerospace industry in Antelope Valley, which is home to Lockheed Martin, Northrop Grumman, & NASA. As well as team athletics, as Antelope Valley is home to a National Soccer Center & the Big 8 Softball Complex. The proposed design would be a best-in-class development. Within the formerly master planned Palmdale Trade and Commerce District, these parcels have utilities on site and by-right developments are CEQA exempt*. *All information to be verified with the City of Palmdale

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$500,000/AC

PRICE/SF

$11 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lot 1

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Hospitality

LAND ACRES

3 AC

LAND SF

130,680 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

PDCPD

APN/PARCEL ID

3004-001-031,3004-001-037,3004-001-038

ASK ABOUT THIS PROPERTY

Tristan GreenleafNAI CapitalMore Info
661-965-0143

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Tristan GreenleafNAI CapitalMore Info
661-965-0143

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.