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    60Th St Lancaster, CA 93534

    For Sale
    $65,000

    2.29 Acres, Prime Lancaster Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.29-acre industrial land parcel presents a compelling investment opportunity in Lancaster, California. Located on paved Avenue G, this property boasts convenient access to Highway 14, offering seamless connectivity to major transportation routes. The land is zoned LR MPD, providing flexibility for various industrial uses. The asking price is $65,000, translating to approximately $28,384.28 per acre. Situated within Lancaster's master planned development area, this site benefits from strategic planning and infrastructure investments. Its proximity to Fox Field further enhances its appeal. The property's APN is 3268-014-027. This is a rare opportunity to acquire a sizable industrial land parcel in a rapidly growing area, ideal for developers or businesses seeking a strategic location with excellent access to transportation networks. The property's location within the master planned development area suggests future growth potential and infrastructure improvements. This makes it an attractive investment for those seeking long-term appreciation and development opportunities. The readily available paved road access on Avenue G adds to the property's practicality and ease of development. Serious inquiries are encouraged to explore the potential of this valuable asset. The property is located in Los Angeles County, California, with a zip code of 93534.

    Property Features for 0 60Th St

    General Information

    Property type
    Land
    Lot Size
    99,752 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.1655558
    Latitude
    34.7332731

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    FAQs

    What type of property is this?
    Land - 2.29 Acres, Prime Lancaster Location
    Where is this land located?
    The property is located at 60Th St Lancaster, CA.
    What is the asking price?
    The asking price for this property is $65,000.
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    60Th St 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
    60Th St Lancaster, CA 93534
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