Property profile

0 Nec Of Ave G & Challenger Way Lancaster, CA 93535

OFF-MARKET
Land
8.67 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 8.67 ac (377,665 SF)

Cap rate & NOI

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

Location

Nec Of Ave G & Challenger Way Lancaster, CA 93535
Lancaster metro
Google Maps

Value estimations

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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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