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40420 10th St W 3,958 SF Retail Building Palmdale, CA 93551 $2,499,000 ($631.38/SF)
Investment Highlights
- Corner Lot on Major Street
- High Traffic Count
- 2 Additional Industrial Lots Available behind building
Executive Summary
Prime location on 10th St West and Ave O. This standalone commercial building sits on 1.85 acres in a high-visibility location. Ideal for a restaurant or a possible drive-thru location. Major retailers such as Walmart, Sam's Club, Antelope Valley Mall, etc. are just around the corner. Brand new Trader Joe's mega warehouse also located on 10th St West. Minutes to the 14-Freeway. Behind this commercial building (adjoining) there are two additional parcels on Ave O (each parcel is 2.5 acres, APN's 3005-002-153 & 3005-002-154) which are also available for $500,000 each and zoned for light industrial. Great investment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,958 SF
Building Class
B
Year Built
1971
Price
$2,499,000
Price Per SF
$631.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.85 AC
Zoning
PDC2 - 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’ on 10th St West
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3005-002-017 | Improvements Assessment | $835,000 |
| Land Assessment | $135,000 | Total Assessment | $970,000 |
Property Taxes
Parcel Number
3005-002-017
Land Assessment
$135,000
Improvements Assessment
$835,000
Total Assessment
$970,000
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40420 10th St W