Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Vacant Land in Lancaster, CA Title is generated by Realmo AI

    Ave H Vic 240th St, Lancaster, CA 93535

    View on Map
    Claim this Listing
    For Sale
    $69,000

    LAND - Lancaster, CA

    Lot size:
    39.82 Acres
    Added:
    Jun 25, 2025
    Days on Market:
    322
    Last Refresh:
    May 12 at 6:06 pm

    Property Features for Ave H Vic 240th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    LCA11
    Standard status
    Active
    APN
    3334-010-024
    Lot size
    39.82 Acres

    Utilities

    Sewer type
    None

    We can help!

    Listing Contact
    Ann Trussell
    Ann Trussell

    Listing agent Ann Trussell License #01101515

    Listing office HomeBased Realty 25000 Ave Stanford. Ste 214, CA

    Listing date Jun 25, 2025

    MLS# 25004981 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Secluded 40 acres of vacant land
    • Four 10‑acre parcels offer flexibility
    • Parcels can be developed separately or as one
    • Perfect for multi‑family ownership
    • Suitable for land banking
    • Located at coordinates: [-117.70317,34.71799]

    Overview

    This is a 39.82-acre vacant land parcel located in Lancaster, California. The property consists of four 10-acre parcels that can be developed either as a single unit or separately. The zoning is LCA11. The property is suitable for multi-family ownership and land banking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -117.7024
    Latitude
    34.649727

    Nearby Similar for Sale

    • $479,900

      Versatile Mixed-Use Property, Lancaster

      Mixed-use property in Lancaster's commercial district with development potential.
      113 Pillsbury Street, Lancaster, CA 93534
      View Details
    • $479,900
      2,290 SF

      Lancaster Commercial Opportunity

      Versatile commercial property in Lancaster's industrial district.
      113 Pillsbury Street, Lancaster, CA 93534
      View Details
    • $560,000
      3,914 SF

      Lancaster Office Building For Sale

      Freestanding office building in Centerpoint Business Park, Lancaster.
      44285 Lowtree Avenue, Lancaster, CA 93534
      View Details
    • $899,999
      4,400 SF

      Retail Property in Downtown Lancaster

      Multi-tenant retail property in the heart of downtown Lancaster.
      616 W Lancaster Boulevard, Lancaster, CA 93534
      View Details
    • $699,999
      3,484 SF

      Versatile Lancaster Property for Redevelopment

      Nearly an acre with LCR3 zoning, ideal for redevelopment.
      4232 W Ave L, Lancaster, CA 93536
      View Details
    • $860,000
      6,565 SF

      Lancaster Commercial Building on Revitalized Blvd

      Large commercial building in a high-traffic, revitalized area.
      656 W Lancaster Boulevard, Lancaster, CA 93534
      View Details
    • $860,000
      6,565 SF

      Lancaster Commercial Building For Sale

      Commercial building on revitalized Lancaster Blvd, suitable for retail/office.
      656 W Lancaster, Lancaster, CA 93534
      View Details
    • $55,555
      300 SF

      Turnkey Wash-and-Fold Laundry Business

      Fully equipped laundry business ready for immediate operation and growth.
      340 W Avenue I, Lancaster, CA 93534
      View Details
    • $550,000
      1,900 SF

      Mixed-Use Property in Lancaster, CA

      Mixed-use property featuring two buildings and workshop area.
      45402 Beech Avenue, Lancaster, CA 93534
      View Details
    • $649,000
      3,411 SF

      Lancaster Industrial Flex Building

      Freestanding industrial flex building in Lancaster, California, for sale.
      45240 Trevor Avenue, Lancaster, CA 93534
      View Details
    • $250,000
      2,526 SF

      Established Restaurant with Liquor License

      Fully equipped restaurant with banquet room and liquor license.
      1020 E Ave K, Lancaster, CA 93535
      View Details
    • $625,000
      1,150 SF

      Lancaster Automotive Repair Shop

      Automotive repair shop in Quartz Hill with high visibility.
      4870 Columbia Way, Lancaster, CA 93536
      View Details

    FAQs

    What type of property is this?
    Land - Secluded 40-acre vacant land, ideal for development or land banking.
    Where is this land located?
    The property is located at Ave H Vic 240th St Lancaster, CA.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: Secluded 40 acres of vacant land; Four 10‑acre parcels offer flexibility; Parcels can be developed separately or as one
    (661) 713-2358
    We can help!
    Listing Contact
    Ann Trussell
    Ann Trussell
    Real Estate License ID: 01101515
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Ave H Vic 240th St, Lancaster, CA 93535
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!