47Th St Lancaster, CA 93536
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 47Th St
- Lot size
- 10.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 10-acre parcel of vacant land presents a compelling investment opportunity in the thriving city of Lancaster, California. Located at the intersection of Avenue E6 and 47th Street West, this property boasts a convenient location near General William J Fox Airfield and offers easy access to major transportation arteries, including Highway 14 and 60th Street West. The land is zoned SP LI (Specific Plan - Light Industrial), providing flexibility for a variety of development projects. The level, undeveloped terrain simplifies construction planning and minimizes site preparation costs. Priced at $80,000, or $8,000 per acre, this represents a highly competitive price point for industrial land in this rapidly growing area. The surrounding area features a mix of manufacturing, commercial, and industrial businesses, indicating a strong and established industrial presence. Lancaster's burgeoning renewable energy sector, with significant solar projects and an expanding manufacturing base, further enhances the long-term investment potential of this property. This strategic location, coupled with Lancaster's commitment to sustainability and economic growth, makes this 10-acre parcel an ideal choice for developers and investors seeking a foothold in a dynamic and promising market. The APN is 3117-016-031. This property is ready for immediate development or land banking, offering significant upside potential for future appreciation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- California
- Longitude
- -118.215
- Latitude
- 34.684