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NWC 10th Street W & Avenue M-4 - Sierra Business Park 1.45 Acres of Commercial Land Offered at $878,278 CAD in Palmdale, CA 93551

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INVESTMENT HIGHLIGHTS

  • Signalized, corner lot at the entrance to the Sierra Business Park
  • 1.5" water meter in and paid
  • Frontage on 10th St W with ADT 25,800
  • 2 legal lots affers a Phased Development

EXECUTIVE SUMMARY

2 separate lots totaling 1.45+/- acres offering a prominent, signalized, corner location at the entrance to the “Sierra Business Park”! Great visibility on 10th St West, the main artery connecting Lancaster and Palmdale that boasts an ADT of 25,800! The property had prior site plan approval for 2-6,300sf medical/professional office build-ings and there is an existing 1.5” water meter on site. The recently completed “Trader Joe’s” food assembly & distribution facility situated on 104 acres is right across the street on 10th St. W. This 1.03 million square foot project is expected to create 800-1,000 new jobs! Corner location at the signalized entrance to the “Sierra Business Park”! Great visibility on 10th St West, the main artery between Lancaster and Palmdale that boasts an ADT of 25,800! The property had prior site plan approval for 2-6,300sf medical/professional office buildings and there is an existing 1.5” water meter on site. “Trader Joe’s” food assembly & distribution facility situated on 104 acres right across the street on 10th St. W is now “Under Construction”. This new 1.03 million square foot project is expected to create 800-1,000 new jobs!

PROPERTY FACTS

Price $878,278 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Hold For Development
  • Medical
  • Research and Development
  • Storefront, Retail or Office
Total Lot Size 1.45 AC
Zoning Office Flex (OF) - https://palmdale2045.org/s/PalmdaleTitle17.pdf

1 LOT AVAILABLE

Lot

Price $878,278 CAD
Price Per AC $605,709.25 CAD
Lot Size 1.45 AC

2 separate lots totaling 1.45+/- acres offering a prominent, signalized corner location at the entrance to the “Sierra Business Park”! Great visibility on 10th St West, the main artery connecting Lancaster and Palmdale that boasts an ADT of 25,800!

DESCRIPTION

2 separate lots totaling 1.45+/- acres offering a prominent, corner location at the entrance to the “Sierra Business Park”! Great visibility on 10th St West, the main artery between Lancaster and Palmdale that boasts an ADT of 25,800! The property had prior site plan approval for 2-6,300sf medical/professional office buildings and there is an existing 1.5” water meter on site. “Trader Joe’s” food assembly & distribution facility situated on 104 acres right across the street on 10th St. W is now under construction. This new 1.03 million square foot project is expected to create 800-1,000 new jobs!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3111-016-034
  • 3111-016-035
Land Assessment
$526,472 CAD
Improvements Assessment
$0 CAD
Total Assessment
$526,472 CAD
  • Listing ID: 31576362

  • Date on Market: 2024-04-22

  • Last Updated:

  • Address: NWC 10th Street W & Avenue M-4, Palmdale, CA 93551

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