Property profile

56 St Ave Lancaster, CA 93536

OFF-MARKET
Land
1.09 ac lot
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Property summary

AI-generated overview

This 1.09-acre commercial land parcel, located in Lancaster, California (APN 3269-014-035), presents a compelling investment opportunity. Situated at the intersection of Vic 56th Street West and H14 Avenue, this property is zoned LRLI (Light Industrial), offering a wide range of potential uses. The asking price is $40,000, translating to approximately $36,697.25 per acre. The Light Industrial zoning allows for diverse commercial and manufacturing activities, including small-scale assembly, processing, fabrication, warehousing, and distribution. Permitted businesses could include light manufacturing facilities, wholesale distributors, research and development firms, commercial printing operations, and professional offices. This zoning prioritizes economic productivity while mitigating potential negative impacts on nearby residential areas. The property's convenient location provides easy access to Highway 14, enhancing its logistical appeal and accessibility for businesses. This presents a unique chance to acquire a versatile commercial land parcel in a growing area of Los Angeles County, California, with a zip code of 93536. The property is situated just north of Avenue I, offering excellent visibility and connectivity. This is an exceptional opportunity for investors and developers seeking a strategic foothold in Lancaster's thriving commercial landscape.

Property profile

Verified
Property type Land
Lot 1.09 ac (47,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

56 St Ave Lancaster, CA 93536
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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