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    3001 Avenue H Lancaster, CA 93536

    Sponsored
    For Sale
    $10,000,000

    Prime Lancaster land: 40 acres, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 10-million-dollar investment opportunity encompasses four parcels totaling 40 acres of mixed-use land situated in Lancaster, California, at the hard corner intersection of Avenue H and 30th Street. The property boasts MU-E zoning, allowing for a diverse range of development options, including multi-family residential (with potential density of 15-30 units per acre, totaling up to 430 units), business parks, and light industrial uses. All utilities are conveniently located in the street. The location offers excellent visibility due to its signalized intersection and proximity to a freeway off-ramp, ensuring easy access and high traffic exposure. This strategic location is further enhanced by its adjacency to the Antelope Valley Fairgrounds, currently undergoing a significant $90 million expansion. The area is experiencing substantial growth, with 4 million square feet of industrial space currently in plan check nearby, and seven residential communities under development in the vicinity. Off-site infrastructure is already in place on West Avenue H, streamlining future development plans. The Antelope Valley's consistently strong rental market, offering some of the most affordable housing in Los Angeles County, makes this property particularly attractive to investors and developers seeking significant returns. APN: 3107-011-051 to 054.

    Property Features for 3001 Avenue H

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑acre, four‑parcel land assemblage in Lancaster, CA with utilities at street.
    • High‑visibility hard corner at signalized intersection, minutes from freeway off‑ramp.
    • MU‑E zoning allows multifamily (up to 430 units, 15‑30 units/acre), business park, or light industrial development.
    • Adjacent to Antelope Valley Fairgrounds ($90M expansion underway).
    • Existing off‑site infrastructure on West Avenue H.
    • Nearby development includes 4M SF of industrial space in plan check and 7 residential communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Auto Repair Shop HVAC Service Bar & Pub Car Rental Daycare Center Plumbing Service Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.1837905
    Latitude
    34.7187615

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    FAQs

    What type of property is this?
    Land - Prime Lancaster land: 40 acres, mixed-use potential.
    Where is this land located?
    The property is located at 3001 Avenue H Lancaster, CA.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: 40-acre, four-parcel land assemblage in Lancaster, CA with utilities at street.; High-visibility hard corner at signalized intersection, minutes from freeway off-ramp.; MU-E zoning allows multifamily (up to 430 units, 15-30 units/acre), business park, or light industrial development.
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    3001 Avenue H Lancaster, CA 93536
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    Lancaster, CA 93536
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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
    3001 Avenue H Lancaster, CA 93536
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