Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Challenger Way Lancaster, CA 93534

    Sponsored
    For Sale
    $1,800,000

    High-traffic corner lot, ideal for QSR, retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.52-acre commercial land parcel presents a remarkable investment opportunity in Lancaster, California. Located on a signalized intersection of Challenger Way and Avenue I in Los Angeles County (APN 3176-018-022), this property boasts a prime location surrounded by established residential areas, ensuring high visibility and accessibility. Zoned for Commercial Mixed Use, the land is suitable for a variety of developments, including quick-service restaurants (QSR), fast food establishments, restaurants, shopping centers, and self-storage facilities. The property's strategic position adjacent to a newly constructed mobile gas station, with convenient access from both Challenger Way and Avenue I, further enhances its appeal. All utilities are readily available at the street. Estimated daily traffic counts exceed 19,000 vehicles, providing significant potential for customer traffic. The seller is offering attractive financing options, including potential seller financing with a 20% down payment and approved credit for a term of up to 10 years. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area with excellent growth potential. The asking price for this exceptional property is $1,800,000.

    Property Features for 0 Challenger Way

    General Information

    Property type
    Lifestyle centers
    Lot Size
    327,571 SF

    HighLights

    • 7.52+/- acres of commercial land at a signalized intersection in Lancaster, CA.
    • Excellent location surrounded by residential areas, ideal for QSRs, restaurants, retail, or self‑storage.
    • Situated adjacent to a new mobile gas station, with access from Challenger Way and Avenue I.
    • All utilities available at the street; estimated daily traffic count exceeds 19,000 vehicles.
    • Seller financing available with 20% down, approved credit, and terms up to 10 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.11255668243
    Latitude
    34.70002849963

    Nearby Similar for Sale

    • $1,800,000
      7,612 SF

      Lancaster Mixed-Use Investment Opportunity

      Residential-commercial property near Lancaster Boulevard with multiple buildings and parking.
      44653 Date Ave, Lancaster, CA 93534
      View Details
    • $785,000
      Pending

      Updated Dual Home Opportunity

      Two updated homes on one lot in Quartz Hill!
      4741 Avenue L14 W, Lancaster, CA 93536
      View Details
    • $395,000
      1,993 SF

      Medical Suite Condo in Lancaster

      Medical suite condo near Antelope Valley Medical Center for sale.
      44725 W 10Th St, 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 Avenue K E, Lancaster, CA 93535
      View Details
    • $199,000
      5,150 SF

      Lancaster Frozen Yogurt Business Opportunity

      Turnkey frozen yogurt business for sale in prime Lancaster location.
      44758 Valley Central Way, Lancaster, CA 93536
      View Details
    • $399,900
      Pending

      Updated Duplex Near Freeway

      Updated duplex with new roof, paint, flooring, and fencing.
      45148 Date Ave, Lancaster, CA 93534
      View Details
    • $599,000
      352 SF

      Income Producing Lancaster Farm

      40 acre farm with established business and remodeled home.
      15035 Avenue G E, Lancaster, CA 93535
      View Details
    • $480,000
      2,290 SF

      Lancaster Commercial Property For Sale

      Versatile commercial property in Lancaster's industrial district.
      113 Pillsbury St, Lancaster, CA 93534
      View Details
    • $480,000

      Versatile Mixed-Use Property in Lancaster

      2,290 sq ft building on 7,000+ sq ft lot.
      113 Pillsbury St, Lancaster, CA 93534
      View Details
    • $899,000
      5,174 SF

      Renovated Office Building For Sale

      Completely renovated office building in Lancaster, suitable for owner or investor.
      44300 Division St, Lancaster, CA 93535
      View Details
    • $2,500,000
      12,270 SF

      Lancaster Commercial Buildings For Sale

      Two freestanding buildings in Lancaster, ideal for industrial or retail.
      45231 Trevor Ave, Lancaster, CA 93534
      View Details
    • New
      $379,999
      1,500 SF

      Remodeled Duplex in Lancaster, CA

      Remodeled duplex perfect for rental income or large family.
      44532 Andale Ave, Lancaster, CA 93535
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-traffic corner lot, ideal for QSR, retail.
    Where is this lifestyle center located?
    The property is located at Challenger Way Lancaster, CA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 7.52+/- acres of commercial land at a signalized intersection in Lancaster, CA.; Excellent location surrounded by residential areas, ideal for QSRs, restaurants, retail, or self-storage.; Situated adjacent to a new mobile gas station, with access from Challenger Way and Avenue I.
    Request Owner's contact information
    Challenger Way Lancaster, CA 93534
    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.
    Challenger Way
    Lancaster, CA 93534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Challenger Way Lancaster, CA 93534
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.