0 Nec Of Ave G & Challenger Way, Lancaster, CA 93535
This exceptional 8.67-acre commercial land parcel presents a compelling investment opportunity in Lancaster, California. Located at the northeast corner of Avenue G and Challenger Way, this property boasts extensive frontage on both roads, offering significant visibility and accessibility. Its strategic location just outside the city limits places it directly in the path of anticipated growth, making it ideal for immediate development or long-term investment. The land is priced at $472,000, translating to approximately $1.25 per square foot. Avenue G provides convenient access to Highway 14, approximately three miles away, enhancing its connectivity and appeal. The property's hard corner location and substantial size make it suitable for a variety of commercial ventures. The Assessor's Parcel Number (APN) is 3175-009-016. This is a rare opportunity to acquire a well-positioned, sizable commercial land parcel in a rapidly developing area of Los Angeles County, California, within the 93535 zip code. The property's location offers significant potential for future appreciation, making it an attractive option for both developers and investors seeking a strong return on investment. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial uses.
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.