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120 Palmdale BlvdPalmdale, CA 93551

29 Acres, Prime Palmdale Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 29.2-acre parcel presents a remarkable commercial and residential development opportunity in the heart of Palmdale, California. Strategically located at 120 W Palmdale Blvd, this property boasts over 1,260 feet of frontage along the Antelope Valley Freeway (CA Hwy 14) off-ramp, providing unparalleled visibility and accessibility. Zoned Regional Commercial, the land allows for diverse uses including hotel, retail, office, automotive, multifamily residential, and entertainment developments. Palmdale's robust growth, fueled by the expanding aerospace industry (Northrup Grumman, Lockheed, Boeing, General Atomics, and NASA), projects a 35.8% job increase over the next decade. This site benefits from its proximity to a newly constructed neighborhood of single-family homes, the Antelope Valley Mall (over 2,000,000 square feet of retail), and the recently opened Palmdale Regional Medical Center (less than one mile away). The property's central location between downtown Palmdale and the medical center, combined with its easy access to the San Fernando and Santa Clarita Valleys and downtown Los Angeles (within an hour's drive), makes it an ideal investment for developers seeking significant returns. The APN numbers are 3009-026-004, 3009-026-005, 3009-026-011, and 3009-026-012. This unencumbered site offers substantial potential for long-term growth and profitability in a thriving Los Angeles County market.

Highlights

  • Excellent land investment and development opportunity in North Los Angeles County.
  • Large development site at a major freeway interchange in North LA County with zoning allowing multiple uses.
  • Over 1,260 feet of frontage on the Antelope Valley Freeway (CA Hwy 14) off-ramp, centrally located between Downtown Palmdale and Palmdale Regional Medical Center.
  • Strong regional employment growth driven by aerospace industry expansion at USAF Plant 42 (Northrup Grumman, Lockheed, Boeing, General Atomics, and NASA), creating thousands of direct and support jobs beyond 2025.
  • Recent completion of a 208,000 SF Lockheed Martin advanced manufacturing facility demonstrates ongoing commitment to the region.

Property Details for 120 Palmdale Blvd

Property type
Land
Lot Size (sq. ft)
1,271,952 SF

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.57946
Longitude
-118.1306005
120 Palmdale Blvd, Palmdale, California

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120 Palmdale Blvd
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