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5th St W - Commercial/Hotel Land 2.33 Acres of Commercial Land Offered at $1,900,000 in Palmdale, CA 93551
Investment Highlights
- surface parking
- wifi
- fitness center
- Freeway Access
Executive Summary
Permits in place to build an hotel (Cambria Hotel & Suites Palmdale, of Choice Hotels International, Inc.)
107 rooms (105 rooms, 2 suits) over 4 stories
$23.68/SF
124 spaces on surface parking
107 rooms (105 rooms, 2 suits) over 4 stories
$23.68/SF
124 spaces on surface parking
Property Facts
| Price | $1,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hospitality |
| No. Lots | 1 | Total Lot Size | 2.33 AC |
| Property Type | Land | ||
| Zoning | PDCPD - Planned Community Development | ||
| Price | $1,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hospitality |
| Total Lot Size | 2.33 AC |
| Zoning | PDCPD - Planned Community Development |
1 Lot Available
Lot
| Price | $1,900,000 | Lot Size | 2.33 AC |
| Price Per AC | $815,450.64 |
| Price | $1,900,000 |
| Price Per AC | $815,450.64 |
| Lot Size | 2.33 AC |
The site consists of approximately 12.33 acres of flat, unimproved commercial land offering flexible development potential in West Palmdale.
Description
This property with feature a fitness center, pool, restaurant, highspeed internet, patio, on-site bar, meeting and event spaces, public access wifi.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 3003-081-068 | Improvements Assessment | $0 |
| Land Assessment | $1,379,570 | Total Assessment | $1,379,570 |
Property Taxes
Parcel Number
3003-081-068
Land Assessment
$1,379,570
Improvements Assessment
$0
Total Assessment
$1,379,570
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5th St W - Commercial/Hotel Land
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