12th Street East Near Ave Q - HIGH DENSITY MULTI-FAMILY DEVELOPMENT SITE 2.49 Acres of Residential Land Offered at $995,000 in Palmdale, CA 93550

Coldwell Banker Commercial Valley Realty is pleased to present this prime high density multi-family development site. This infill location is within Palmdale’s newest Residential Neighborhood 4 (RN 4) zoning allowing for the highest density of apartment units city wide! Located in the heart of Palmdale and nearby to schools, retail and public transit along Avenue Q and Palmdale Blvd. The Palmdale Metrolink Station (future Palmdale Station for the high speed rail) is just minutes away and home to AVTA’s Transfer Center! Palmdale continues to be a desirable building location with millions of square feet of new development in the planning stages including the new Trader Joe’s 1,030,000sf food processing and distribution facility now under construction!
Timely development opportunity to help meet increasing demands for affordable housing! Located within one of the highest density zonings the City has to offer, this prime in-fill development site offers approx. 182ft frontage along paved 12th St. E. with utilities in the street. Zoned as Residential Neighborhood 4 (RN 4) that allows for an incredible 30 to 50 units per acre! Property may yield up to 125 units pursuant to the zoning, without taking into account any density bonuses that may be available. Nearby to both elementary and high schools, as well as the new Antelope Valley College Palmdale Center! Other nearby amenities include the Palmdale Playhouse, Antelope Valley Mall, and many anchored shopping & retail shopping centers throughout Palmdale being minutes away. This site also offers convenient access to AVTA’s public transportation with stops along Ave Q and Palmdale Blvd. and a transfer center at the nearby Palmdale Metrolink Station!
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