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40420 10th St W

3,958 SF Retail Building Palmdale, CA 93551 $1,800,000 ($455/SF)

Investment Highlights

  • Conveniently located off of 14 Freeway nearby major retailers.
  • Prime signalized location allowing for maximum visibility and exposure.

Executive Summary

**Prime Commercial Real Estate Opportunity:** Seize the chance to own nearly 1.84 acres at the prime, signalized corner of 10th St W and Ave O. This high-visibility location is set for significant growth, with potential upcoming developments including a fast-food restaurant and gas station across the street. Positioned for success, this property is adjacent to major retailers like Palmdale Mall, Walmart, and Sam's Club, with quick access to the 14 Freeway—offering unmatched potential for your next investment. Act now to secure this valuable asset! Five additional acres available. * Two parcels zoned light industrial (PDM4) next to this listing APN #'s 3005-002-153, 3005-002-154 on Ave O for $900k.* Seller will cooperate with buyers broker.

Property Facts In Escrow

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,958 SF
Building Class
B
Year Built
1971
Price
$1,800,000
Price Per SF
$455
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
6.83 AC
Zoning
PDC2* Palmdale - Commercial zoning to include, offices, restaurants, retail. Two Light industrial lots adjacent to this property also available.
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
163 FT on 10th

Amenities

  • Bus Line
  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

Black Bear Diner
Buffalo Wild Wings
Teriyaki Madness
Applebee's
Starbucks
El Torito
Hot Dog On A Stick
Claim Jumper Steakhouse & Bar
Surf City Squeeze
Yard House

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3005-002-153
  • 3005-002-154
  • 3005-002-017
Land Assessment
$1,052,482
Improvements Assessment
$835,000
Total Assessment
$1,887,482
  • Listing ID: 32175410

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 40420 10th St W, Palmdale, CA 93551

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