For Sale
$550,000

38223 6Th StPalmdale, CA 93550

1.18-acre lot, build multi-family.

Overview

Added:
Feb 3
Days on market:
61
This exceptional 1.18-acre industrial lot, located at 38223 6th Street in Palmdale, California, presents a prime investment opportunity for developers seeking to capitalize on the burgeoning residential market. The 705 square foot parcel is ideally situated in a rapidly growing area of Palmdale, completely surrounded by established multi-family residential developments, indicating strong market demand and potential for high occupancy rates. Its level topography simplifies construction, minimizing site preparation costs and accelerating project timelines. The property's convenient location offers easy access to key transportation arteries, including Palmdale Boulevard and Highway 14, ensuring seamless commutes for future residents. Proximity to a variety of shopping and entertainment options further enhances the desirability of the location, attracting a wider pool of potential tenants. This presents a unique chance to develop a multi-family residential project in a thriving community with excellent infrastructure and high demand. The strategic location and the surrounding developed properties make this a compelling investment opportunity with significant potential for substantial returns. The level lot simplifies construction, reducing costs and accelerating the development process. This is an exceptional opportunity to build in a high-growth area of Palmdale.

Property Details for 38223 6Th St

Property type
Industrial properties
Square Feet
705 SF
Year Built
1949
Lot Size (sq. ft)
51,401 SF

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.57573
Longitude
-118.1179
38223 6Th St, Palmdale, California

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38223 6Th St
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