D4 230Th St, Lancaster, CA 93536
This exceptional 4.92-acre parcel presents a unique investment opportunity in Lancaster, California. Located near the intersection of Ave D4 and 230th St, in the Quartz Hill area, this property boasts a desirable location with convenient access to Highway 5 and Highway 14 via Highway 138. The land is zoned LCA25, offering versatility for various commercial and agricultural uses. The asking price is $59,500, translating to approximately $12,093.50 per acre. The property's APN is 3279-003-065. Situated within Los Angeles County, this land is part of the Fruit Growers Mutual Society's Subdivision, a historically significant area reflecting Lancaster's agricultural heritage. This location offers a blend of peaceful country living with easy access to major transportation routes, making it attractive for both residential and commercial development, subject to applicable zoning regulations and permits. The property's size and zoning make it suitable for a variety of uses, presenting a compelling opportunity for investors and developers alike. Buyers are encouraged to conduct their own due diligence regarding permitted uses and development potential. This is a rare opportunity to acquire land in a rapidly growing area with a rich history.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.