Property profile

0 Drt /249 St Willow Springs, CA 93536

OFF-MARKET
Land
10.8 ac lot
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Property summary

AI-generated overview

This exceptional 10.8-acre property, located in the Neenach area of Lancaster, Los Angeles County, California, presents a unique investment opportunity. The land comprises four contiguous vacant lots (Lots 5, 10, 11, and 12 in Tract #30493), totaling approximately 10.18 gross acres and 7.44 net acres after street setbacks. Zoned A2-2 Heavy Agriculture, this versatile parcel allows for single-family homes and agricultural uses, making it ideal for various development scenarios. Lot 5 (approximately 2.55 gross acres, 1.25 net acres) sits at the corner of 250th West and Avenue B-12, offering excellent visibility and access. Lots 10, 11, and 12 are adjacent, providing significant contiguous acreage. The area is characterized by existing homes and ranches, suggesting a strong potential for residential development. Utilities including water and power are available, and mobile homes are permitted. The property's location offers convenient access to CA-138, just 3 miles away. This is a rare opportunity to acquire a substantial land parcel in a growing area, perfect for owner-builders, contractors, or investors seeking to capitalize on future development potential. The APN is 3278015008. The asking price is $162,700, with a land value of $1,137 per square foot.

Property profile

Verified
Property type Land
Lot 10.8 ac (470,448 SF)

Cap rate & NOI

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

Location

Drt /249 St Willow Springs, CA 93536
Willow Springs metro
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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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