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Lancaster Land Development Opportunity
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SEC 15th Street W & West Avenue K-8, Lancaster, CA 93534

7.47-acre commercial site in Lancaster, CA, for sale.

Property SizeContact for details
Lot Size7.47 Acres
Days on Market701

Property Features for SEC 15th Street W & West Avenue K-8

General Information

Standard status Active
Lot size 7.47 Acres
Property subtype Land
Zoning LRCPD - Regional Commercial Planned Development
Listing Agency: CBRE LA
Listed By: Sam Alison · License #CA 01167124
Source: Crexi
Added: Oct 9, 2024 Changed: Aug 24 Last Checked: Sep 8 at 6:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE LA

Investment Insights

Based on property information with market context.

This 7.47-acre site is located at the southeast corner of 15th Street W and West Avenue K-8 in Lancaster, Los Angeles County, California. Zoned Regional Commercial, the site allows for multiple uses including multifamily residential (such as affordable/low-income housing, Workforce housing, and Build-to-Rent housing), hotel, retail, office, and entertainment. The property is adjacent to the Antelope Freeway (CA Hwy 14), just north of the on and off ramps of West Avenue L. Across 15th Street W are neighborhoods with energy-efficient single-family homes and multi-tenant housing. The site is positioned along a thoroughfare leading to the Lancaster Commerce Center, a regional power center with over 235,000 square feet of retail space, including Costco, Ross Dress for Less, Target, 24Hr Fitness, Crunch Fitness, Big 5 Sports, and Kaiser Permanente. It is approximately 45 minutes north of the San Fernando and Santa Clarita Valleys, and less than one hour north of downtown Los Angeles. Lancaster has a diverse economy, with major drivers including aerospace and defense industries, healthcare, education, retail, and manufacturing. Significant employers include Northrop Grumman, Antelope Valley Hospital, and the Antelope Valley Union High School District. The city has experienced continuous growth due to its strategic location and incentives offered for businesses.

Key Highlights

  • 7.47‑acre site zoned Regional Commercial, allowing for diverse development options.
  • Excellent location adjacent to Antelope Freeway (CA Hwy 14) with easy access to on/off ramps.
  • Situated directly across from established residential neighborhoods.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 93534, CA

43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 7.47-acre commercial site in Lancaster, CA, for sale.
Where is this commercial land located?
The property is located at SEC 15th Street W & West Avenue K-8 Lancaster, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 7.47‑acre site zoned Regional Commercial, allowing for diverse development options.; Excellent location adjacent to Antelope Freeway (CA Hwy 14) with easy access to on/off ramps.; Situated directly across from established residential neighborhoods.
(818) 907-4690 Call to check price and availability
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