K8 At Ave Lancaster, CA 93534
Exceptional opportunity to acquire a 2.048-acre parcel in Lancaster, CA, zoned HDR (High Density Residential), allowing for 15.1 to 30 units per acre. This prime location, situated at the southeast corner of 15th Street West and Avenue K8, offers significant development potential for apartments, condos, townhouses, or a mixed-use project. The property is conveniently located near Kaiser Permanente, providing easy access to essential services. The square lot presents a unique advantage for efficient planning and construction. This is one of the last remaining HDR-zoned vacant parcels in Lancaster, making it a highly sought-after investment. The asking price is $800,000, and the seller is motivated. The property's APN is 3125-010-070. Note that an adjacent 7.6-acre HDR parcel is currently under contract. This presents a rare chance to secure a significant land holding in a rapidly developing area. The property is offered at 100% ownership. Serious inquiries only.
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
Similar Nearby for Lease
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.