0 20Th St Lancaster, CA 93535
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.
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
Similar Nearby for Sale
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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.