For sale · Active

0 240th Street

Palmdale, CA 93591

$40,000,000
Lot size160 acres
Property typeLand
View map ↗

Listing broker / agent: RedRock · John Goga · 951-551-0793 · CRMLS

MLS # SW26079518 · Last checked Oct 20, 2026 17:12 UTC

About this property

PRIME DATA CENTER OR SOLAR FARM OPPORTUNITY! POWER HUB NEARBY! ALSO POTENTIALLY IN THE PATH OF FUTURE HIGH SPEED RAIL! SELLER MOTIVATED! Unmatched opportunity for investors and developers near the planned high desert corridor rail corridor from Palmdale to Victorville and on to Las Vegas. Unlock the potential of this expansive, prime desert property, located east of Palmdale in the heart of California’s high desert region. Spanning 160 acres, this large vacant lot offers unparalleled development opportunities in a soon to be evolving area, strategically positioned in the path of development near the future route of the high desert corridor of California's new high-speed rail system. This highly desirable location promises significant appreciation potential as the High Desert Corridor project will enhance connectivity and dramatically improve access to major cities, making this land an ideal choice for forward-thinking investors and developers. With the high-speed rail coming to the area, this property is poised to become a prime hub for commercial, residential and mixed-use development. Potential commercial development could include industrial parks and logistics hubs, taking advantage of the future transportation infrastructure. The rail connection will make this area an attractive location for businesses seeking easy access to major metropolitan areas. Residential projects may include large-scale residential developments with the added convenience of quick access to the high-speed rail for commuters and residents seeking proximity to both the desert and urban centers. And with its stunning desert landscape and the high-speed rail bringing increased visitors, this area could be an excellent location for resorts, RV parks or adventure tourism businesses looking to cater to travelers in transit. In addition, because the land offers abundant sunlight, this property would be ideal for solar energy projects, especially with the added benefit of being connected to growing urban areas by the rail system. Whether you’re looking to establish a thriving business, invest in residential development, or create a landmark tourism destination, this property offers the space, location, and growth potential to turn your vision into reality. Don't miss the opportunity to capitalize on this exceptional land along California's cutting-edge high-speed rail corridor.

Property details

MLS number
SW26079518
Status
Active
Type
Land
Lot size
160 acres
County
Los Angeles
More property detailsExpandCollapse

Listing

Days on market
184

Exterior & parking

Lot features
Agricultural, Orchards
Lot size source
Assessor
Property outlook
Mountains

Utilities & community

Water
None
Utilities
Water Not Available
Community features
Hiking, Rural

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
El Mirage (school website, opens in a new tab) Adelanto Elementary · Adelanto K–8 4.2 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$40,000,000
MLS-reported original asking price
$40,000,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 08:45$40,000,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Palmdale

Active residential homes for sale in Palmdale, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings373Current authorized inventory
Median asking price$544,900373 listings with a valid price
Median asking price / sq ft$282.43357 listings with confirmed sq ft
Median days on market28373 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction51
Listings with an increase3

54 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 18:12 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.