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$ 2,500,000
Est. payment /mo
Active
37400 E 10th St ST Palmdale, CA 93550
8 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250039862SD
HOA Y/N No
Lot Size 8.000 Acres
Property Description
Prime Investment Opportunity in Palmdale, a thriving aerospace hub with a severe housing shortage and robust economic growth. No new apartment developments in over 30 years have created an extreme supply/demand imbalance, perfect for residential development. Key Highlights: High-Demand Market: Home to 20,000+ well-paid aerospace professionals from Northrop Grumman, Lockheed Martin, Boeing, General Atomics, and NASA at USAF Plant 42. Major Economic Drivers: Recent long-term defense contracts, including 80 Billion for B-21 bomber jets, Skunk Works AI and robotics programs, and Supersonic X-Plane development. Job Growth: Immediate technical and assembly jobs, with 2,500+ new positions driving 6,000+ support jobs in the local economy. Regional Commitment: Lockheed Martins new 208,000 SF advanced manufacturing facility (2022) underscores long-term investment in Palmdale. Capitalize on this rare opportunity to develop in a high-growth, underserved market with strong economic fundamentals. Perfect for residential or mixed-use projects.
Location
State CA
County Los Angeles
Zoning RN-3
Interior
Fireplace No
Exterior
Fence None
View Y/N No
Others
Senior Community No
Tax ID 3012025025
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/snd/250039862
Listed by Stefan Misiraca Sovessa Inc. #01381792