120 Palmdale BlvdPalmdale, CA 93551

Property Details for 120 Palmdale Blvd

Year built

1968

Lot size

1.30 AC

Property size (Sq ft)

5,253 SF

Zone code

PDCPD*

Property type

Land

Property subtype

Commercial land

APN

3009-026-004

APU

3009026004

Description

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.

Location Insight

City

Palmdale

County

Los Angeles

State

California

Latitude

34.5794

Longitude

-118.13

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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