Property profile

0 Swc Of Ave. D & 115 St Lancaster, CA 93535

OFF-MARKET
Land
159 ac lot
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Property summary

AI-generated overview

This exceptional 159-acre commercial land parcel presents a unique investment opportunity in Lancaster, California. Strategically located at the southwest corner of Avenue D and 115th Street West, this property boasts significant frontage on Avenue E and enjoys unparalleled access to Route 138, a major east-west corridor connecting Highway 14 and Interstate 5. Its prime location positions it ideally for various development projects, including large-scale commercial ventures or a substantial solar farm. The asking price is $4,500,000, translating to an attractive price per acre of under $30,000. Given its proximity to Lancaster city limits, annexation into the city is a viable option, further enhancing its development potential. This site is situated in a high-growth area, making it an exceptional investment for those seeking significant returns. The property's size and location make it a rare find in the Lancaster market, offering substantial long-term value and diverse development possibilities. This is a truly exceptional opportunity to acquire a large tract of land with excellent connectivity and future growth potential. The property's size and location make it a rare find in the Lancaster market, offering substantial long-term value and diverse development possibilities.

Property profile

Verified
Property type Land
Lot 159 ac (6,926,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Swc Of Ave. D & 115 St Lancaster, CA 93535
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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