37800 Sierra Hwy, Palmdale, CA 93551

$4,200,000
List Price
$4,200,000
MLS#
20-552272
Lot Size
683,703
Property Type
Land

Property Description

Incredible opportunity to acquire a mainly flat 15.7 acre commercially zoned parcel fronting Sierra Hwy, a major N/S thorofare. Subject property is located along a commercial corridor with minimal developed competition, while still being surrounded by dense residential neighborhoods. Subject property also offers over 1,000 ft of frontage along 10th Street E, which is also across the street from Tumbleweed Elementary School. Palmdale carries the nickname of "aerospace capital of the United States", which has been the home for research, development and testing of several important aircrafts. Palmdale is home to Lockheed Martin, Boeing, NASA, Northrup Grumman and Air Force Plant 42. Several other manufacturing users have relocated Palmdale seeking cheaper land alternatives to Los Angeles as well as to take advantage of various tax incentives. This movement, along with the continued growth of the residential population solidifies Palmdale as an attractive long-term investment pla

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Courtesy of , Emil Golub.

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