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    vac/15th Stw Vic Ave Lancaster, CA 93534

    Sponsored
    For Sale
    $2,700,000

    4.86 Acres Near AV Hospital

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.86-acre commercial land parcel in Lancaster, CA, presents a remarkable investment opportunity. Located near Antelope Valley Hospital and adjacent to High Desert Medical Group, this property boasts a prime location within a thriving medical district. Its commercial zoning allows for diverse development possibilities, including medical facilities, retail complexes, or office spaces. The nearly five-acre lot, situated on 15th Street West, offers significant potential for future growth, particularly given planned renovations to the nearby hospital. The property's address is 15th Street West & Ave J-10, Lancaster, CA 93534, with APN 3123-002-034. The asking price is $2,700,000, and the property is offered with 100% ownership. This is a rare chance to acquire a substantial land holding in a high-growth area with excellent potential for significant return on investment. The property's strategic location and versatile zoning make it an ideal choice for developers and investors seeking a prime commercial development site in the heart of Lancaster's burgeoning medical corridor. Don't miss this chance to secure a piece of Lancaster's future.

    Property Features for vac/15th Stw Vic Ave

    General Information

    Property type
    Land
    Lot Size
    211,702 SF

    HighLights

    • 4.86‑acre commercial land parcel in Lancaster, CA's thriving medical district.
    • Prime location near Antelope Valley Hospital and High Desert Medical Group.
    • Commercial zoning allows for diverse development (medical, retail, office).
    • $2,700,000 asking price; 100% ownership. APN 3123‑002‑034. Address: 15th Street West & Ave J‑10, Lancaster, CA 93534.
    • Significant growth potential due to planned hospital renovations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.1621392
    Latitude
    34.7142496

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    FAQs

    What type of property is this?
    Land - 4.86 Acres Near AV Hospital
    Where is this land located?
    The property is located at vac/15th Stw Vic Ave Lancaster, CA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: 4.86-acre commercial land parcel in Lancaster, CA's thriving medical district.; Prime location near Antelope Valley Hospital and High Desert Medical Group.; Commercial zoning allows for diverse development (medical, retail, office).
    Request Owner's contact information
    vac/15th Stw Vic Ave Lancaster, CA 93534
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    Lancaster, CA 93534
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    Realmo Value Estimation

    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.

    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.

    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
    vac/15th Stw Vic Ave Lancaster, CA 93534
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