Technical
Financial
Distress signals
Property profile

61400 Sierra Hwy Lancaster, CA 93534

OFF-MARKET
Land
7.16 ac lot
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Property summary

AI-generated overview

This exceptional 7.16-acre parcel presents a compelling investment opportunity in Lancaster, California. Boasting 316 feet of prime frontage along Sierra Highway, a major thoroughfare connecting Santa Clarita to Rosamond, this property offers unparalleled visibility and accessibility. The land is zoned LCD22, providing flexibility for a range of commercial and residential uses. Its strategic location is further enhanced by its proximity to the 14 Freeway (approximately one mile to Avenue A off-ramps), ensuring convenient access to regional transportation networks. Utilities are readily available, with overhead power lines already present at the property line. The asking price of $39,950 represents an attractive price per acre of $5,500, making this a highly competitive offering in the current market. The motivated seller is eager for a quick sale, presenting a unique chance to acquire this valuable land for highway-oriented businesses or future development projects. The property's APN is 3116002005. This full ownership opportunity is situated at 61400 Sierra Hwy, Lancaster, CA 93534, within Los Angeles County. Don't miss this chance to secure a prominent location with significant development potential.

Property profile

Verified
Property type Land
Lot 7.16 ac (311,890 SF)

Cap rate & NOI

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

Location

61400 Sierra Hwy Lancaster, CA 93534
Lancaster 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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