Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Avenue K Lancaster, CA 93535

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Avenue K Lancaster, CA 93535

    View on Map
    • Land
    • 19.04 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Avenue K

    Lot size
    19.04 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 19.04-acre agricultural property in Lancaster, California, presents a unique investment opportunity. Located on East Ave K, between 110th and 120th Streets East, this land boasts an A2 zoning designation, allowing for a diverse range of uses including animal hospitals, dairies, dog kennels, livestock feed lots, manure spreading, oil wells, solar farms, recreation, parking lots, or farming. The property is conveniently situated on a corner lot with paved road access and nearby power lines. Its expansive size offers significant potential for development or as a peaceful retreat. The property's location is further enhanced by its proximity to functioning farms and horse properties. The APN is 3368-025-017. The asking price is $142,800. All potential buyers are advised to conduct their own due diligence to verify all information.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -117.898
    Latitude
    34.6752

    Comparable in this City

    • Value Estimation by Request
      2.60 Acres

      188Th St

      Farms • 2.60 Acres
      0 188Th St, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      4.59 Acres

      120Th St

      Farms • 4.59 Acres
      0 120Th St, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      10.44 Acres

      Ave B10 @ 242 St

      Farms • 10.44 Acres
      0 Ave B10 @ 242 St, Houze Place, CA 93535
      View Details
    • Value Estimation by Request

      15Th St

      Farms
      0 15Th St, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      165.00 Acres

      Ave K/Vic 160 St

      Farms • 165.00 Acres
      0 Ave K/Vic 160 St, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      2.56 Acres

      Lancaster Blvd

      Farms • 2.56 Acres
      0 Lancaster Blvd, Lancaster, CA 93535
      View Details

    Similar Nearby for Sale

    • $49,900

      Lancaster Land Near Avenue G

      Just under 10 acres of land with frontage.
      11400 Avenue East, Lancaster, CA 93535
      View Details
    • $55,000
      20.57 Acres

      Lancaster Land with Agricultural Potential

      20+ acres near Lake Los Angeles, suitable for agriculture.
      187th E & Ave, Lancaster, CA 93535
      View Details
    • $169,000
      96.54 Acres

      96.54 Acres in Lancaster, CA

      96.54 acres of agricultural land located northeast of Lancaster.
      110th East @ Ave E Nwc, Lancaster, CA 93535
      View Details
    • $378,000
      1.54 Acres

      Lancaster Heavy Industrial Land Parcels

      Prime corner site ideal for industrial or cannabis facility.
      Trevor Ave Vic Ave, Lancaster, CA 93535
      View Details
    • Contact for pricing
      113,256.00 Acres

      Lancaster Agricultural Land Opportunity

      2.6 acres of flat, usable land in Lancaster, CA.
      9999 Avenue East, Lancaster, CA 93535
      View Details
    • $50,000
      19.83 Acres

      Butte Valley Land Parcel

      Expansive 20-acre parcel with potential in Butte Valley, CA.
      Vac/Vic Ave, Butte Valley, CA 93535
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      32,670 SF

      Fenced Yard in Lancaster, CA

      0.75 acre fenced yard with 24/7 access.
      42555 E 3Rd St, Lancaster, CA 93535
      View Details
    • $5,000 /Mo

      Industrial Lot with Ample Yard

      Spacious lot suited for heavy industrial use, available for lease.
      42052 3Rd St E, Lancaster, CA 93535
      View Details
    • $0.15 SF/Yr
      213,008 SF

      Lancaster Industrial Outdoor Storage Space

      Industrial outdoor storage with functional metal buildings and office trailer.
      660 Avenue L W, Lancaster, CA 93535
      View Details
    • Contact for pricing

      Secured Outdoor Storage Yard

      9-acre high-security yard for lease in Lancaster, CA.
      43927 90Th St E, Lancaster, CA 93535
      View Details
    • Contact for pricing
      40,776 SF

      Lancaster Land with Warehouse

      40,776 SF land with 1,600 SF warehouse for lease.
      100 Avenue G8 E, Lancaster, CA 93535
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Avenue K
    Lancaster, CA 93535
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!