N/W Corner of Avenue N & 50th Street West

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N/W Corner of Avenue N & 50th Street West

Palmdale, CA 93536
Asking Price
$399K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel priced at $399,000 for acquisition
  • Lot size totals 10,890 square feet of available space
  • Located at the northwest corner of Avenue N and 50th Street
  • Situated within the growing regional market of Palmdale
  • Site supports potential for retail or professional office use

What's Special

Priced at $399,000, this commercial land parcel occupies the northwest corner of Avenue N and 50th Street West in Palmdale, California. The site spans 10,890 square feet and provides a strategic development footprint within this growing submarket of the Antelope Valley. As a major residential and commercial hub in northern Los Angeles County, Palmdale continues to benefit from its proximity to aerospace and logistics sectors, alongside an expanding local population base. Investors and developers may find this commercial lot suitable for a variety of projects, including retail service centers or professional office developments. The property's placement at a corner intersection offers potential for visibility and accessibility in a corridor positioned to support ongoing regional growth. This acquisition provides a clear opportunity for those seeking to establish a presence within a stable suburban landscape.

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

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