7
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$2,880,000
Est. payment /mo
Active
37400 E 10th St ST Palmdale, CA 93550
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SDC0001132
Property Sub-Type Lots/Land
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
Utilities Available Above Ground, Electric
View Y/N No
Water Access Desc Available
Building
Water Available
Others
Tax ID 3012-025-025
Listed by Stefan N Misiraca Sovessa Inc.