J8 20Th St Lancaster, CA 93536
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.