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    J8 20Th St Lancaster, CA 93536

    Sponsored
    For Sale
    $934,362

    Prime Lancaster location, high traffic counts, ready to develop.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, known as LANCASTER SPECTRUM, presents a unique investment opportunity in the thriving city of Lancaster, California. Located at the southwest corner of Avenue J8 and 20th Street West (93536), this property boasts unparalleled visibility and accessibility due to its strategic position near Highway 14, a major thoroughfare with a daily traffic count of 107,000 vehicles. The land is priced at $934,362, translating to $15 per square foot. All necessary offsite improvements have been completed, streamlining the development process and minimizing upfront costs. The property's proximity to key amenities further enhances its appeal. It's conveniently located just one mile from Antelope Valley Hospital and two miles from downtown Lancaster, providing easy access to a substantial workforce and a diverse range of services. This is an ideal site for a variety of commercial developments, capitalizing on the high traffic volume and strategic location within a rapidly growing area of Los Angeles County. The property's size and location make it a highly attractive investment for developers seeking a prime location with significant growth potential. Don't miss this chance to acquire a piece of Lancaster's vibrant commercial landscape.

    Property Features for J8 20Th St

    General Information

    Property type
    Land

    HighLights

    • $934,362 asking price for this commercial land parcel.
    • Located in Lancaster, CA, at the SWC of Ave J8 and 20th Street West.
    • Priced at $15 per square foot.
    • Excellent Highway 14 visibility and access, with 107,000 cars per day.
    • One mile from Antelope Valley Hospital and two miles from downtown Lancaster.
    • All offsite improvements are complete.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.16557528687
    Latitude
    34.682159130153

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    FAQs

    What type of property is this?
    Land - Prime Lancaster location, high traffic counts, ready to develop.
    Where is this land located?
    The property is located at J8 20Th St Lancaster, CA.
    What is the asking price?
    The asking price for this property is $934,362.
    What are key features of this property?
    This property features: $934,362 asking price for this commercial land parcel.; Located in Lancaster, CA, at the SWC of Ave J8 and 20th Street West.; Priced at $15 per square foot.
    Request Owner's contact information
    J8 20Th St 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
    J8 20Th St Lancaster, CA 93536
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