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Property profile & analytics
OFF-MARKET
Land

0 20Th St Lancaster, CA 93535

9.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.84-acre commercial land parcel presents a unique investment opportunity in Lancaster, California. Located on paved 20th Street East, this level and buildable lot offers readily available power at the street. The property is zoned LR RR1, permitting rural residential development, including single-family homes, and certain agricultural uses. While primarily residential, its size and location offer potential for limited commercial use, contingent upon securing necessary approvals from the City of Lancaster. The asking price is $300,000, translating to approximately $30,487.80 per acre. This represents a compelling value for developers seeking a versatile site with potential for diverse land uses. Its convenient access to city amenities further enhances its appeal. The APN is 3170-008-015. This property is ideal for investors and developers seeking a strategic land acquisition in a growing area. The property's flat terrain and existing infrastructure significantly reduce development costs and timelines. Don't miss this chance to acquire a substantial land holding with significant upside potential in a desirable location.

Property profile
Verified
Property type Land
Lot 9.84 ac (428,630 SF)
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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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