39445 15th Street East

Highlights:

• • ±9.94 Acres of Raw Industrial Land — Approximately ±433,166 square feet of vacant land offering substantial development potential
• • M-2 Industrial Zoning
• • Directly Across from Palmdale Airport
• • ±600 Feet of East 15th Street Frontage

Description:

39445 East 15th Street presents a compelling ±9.94-acre raw land development opportunity in East Palmdale, strategically positioned directly across from Palmdale Airport and within the Antelope Valley's established aerospace, industrial and employment corridor.
The property encompasses approximately ±433,166 square feet of vacant land and offers approximately 600 feet of frontage along East 15th Street. The site is currently undeveloped and non-income producing, providing a developer or land investor with the flexibility to design and pursue a project based on current market demand and the property's highest and best use.
The property is identified as M-2 industrial, providing an attractive zoning platform for potential industrial development, subject to confirmation of permitted uses, development standards, utilities, access and all required City approvals.
Preliminary concepts have contemplated a multi-tenant industrial development, creating the potential to transform the site into a modern industrial campus serving small-to-mid-sized manufacturers, warehouse/distribution users, contractors, aerospace suppliers and other industrial businesses. Any proposed development plans remain subject to entitlement and governmental approvals.
The site's location directly across from Palmdale Airport is a significant strategic advantage. Palmdale has a long-established aerospace and advanced-manufacturing presence, while the broader Antelope Valley continues to attract industrial, logistics and employment-generating uses.
At an asking price of $1,250,000, the property represents an attractive basis of approximately $125,755 per acre, or approximately $2.89 per land square foot, based on ±9.94 acres.
The property offers investors and developers the opportunity to acquire a large, contiguous industrial land parcel at an attractive basis, with substantial long-term upside through entitlement, development and/or future resale.