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Property profile & analytics
OFF-MARKET
Land

J8 20Th St Lancaster, CA 93536

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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