Description

Rare opportunity to own almost 10 acres of vacant land strategically located in Palmdale, California, visible from the 14 Freeway off of Avenue M-8 and 10th Street West. This prime real estate offering comprises of two parcels with APNs 3111-012-034 (217,713 square feet; 5 acres) and 3111-012-082 (213,226 square feet; 4.9 acres). One of the most compelling features of this property is its proximity directly across the street to the new Trader Joe's distribution facility being built, which will span over one million square feet in new construction and employ up to 1000 workers! Per the City of Palmdale, both parcels are zoned OFFICE FLEX. This zone is intended to allow mixed-use development of office/flex uses and supportive service, retail, and commercial uses. It allows a mix of businesses that provide a wide variety of employment-generating activities, including office, medical, R&D, and flex/makerspaces. Office uses may be stand-alone, or part of a large business/office park development. These areas are typically situated close to regional roadways or freeways.