501 Palmdale - 5th Street West
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
501 Palmdale - 5th Street West
7 Acres of Commercial Land Offered at $8,859,187 CAD in Palmdale, CA 93551
Investment Highlights
- Large ±7-acre site with the opportunity to build a new residential development community, hotel, or medical use building
- Proximate to numerous major employers including Palmdale Regional Medical Center, Lockhead Martin, Northrop Grumman, and Northrop Grumman
- Located within Palmdale, the "Aerospace Capital of America”, a city needing a supply of quality rental housing
- Immediate access to transportation thoroughfares, nearby retail centers, city parks, healthcare, entertainment venues, and restaurants
Executive Summary
EXCEPTIONAL HIGH DESERT DEVELOPMENT OPPORTUNITY
This offering presents an opportunity for a new residential development community, hotel, or medical use building within Los Angeles County. Referred to as the “Aerospace Capital of America”, Palmdale has a need for quality housing for the aerospace professionals, many of which have contract positions. The site offers an opportunity to design a project with immediate access to transportation thoroughfares, nearby retail centers, city parks, healthcare, entertainment venues, and restaurants.
This offering presents an opportunity for a new residential development community, hotel, or medical use building within Los Angeles County. Referred to as the “Aerospace Capital of America”, Palmdale has a need for quality housing for the aerospace professionals, many of which have contract positions. The site offers an opportunity to design a project with immediate access to transportation thoroughfares, nearby retail centers, city parks, healthcare, entertainment venues, and restaurants.
Property Facts
| Price | $8,859,187 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 7.00 AC |
| Property Type | Land | Cross Streets | 5th Street West |
| Price | $8,859,187 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 7.00 AC |
| Cross Streets | 5th Street West |
1 Lot Available
Lot
| Price | $8,859,187 CAD | Lot Size | 7.00 AC |
| Price Per AC | $1,265,598 CAD |
| Price | $8,859,187 CAD |
| Price Per AC | $1,265,598 CAD |
| Lot Size | 7.00 AC |
CBRE is pleased to present the 5th Street West Development Site, an exceptional ±7-acre gross site in one of Los Angeles County’s up-and-coming cities. Nestled in the Palmdale high desert, the 5th Street site is located directly off Highway 14.
PROPERTY TAXES
| Parcel Number | 3004-004-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $916,932 CAD | Total Assessment | $916,932 CAD |
PROPERTY TAXES
Parcel Number
3004-004-025
Land Assessment
$916,932 CAD
Improvements Assessment
$0 CAD
Total Assessment
$916,932 CAD
zoning
| Zoning Code | MEDFX (The 5th Street West Development Site is zoned Medical Flex (MEDFX) which allows for multifamily and other commercial uses. Some uses require a CUP.) |
| MEDFX (The 5th Street West Development Site is zoned Medical Flex (MEDFX) which allows for multifamily and other commercial uses. Some uses require a CUP.) |
-
Joyce Goldstein -
Michelle Jefcoat -
CBRE, Inc.
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
501 Palmdale - 5th Street West
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.