Technical
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Property profile

102 W / Ave Lancaster, CA 93536

OFF-MARKET
Land
2.51 ac lot
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Property summary

AI-generated overview

This exceptional 2.51-acre agricultural land parcel presents a unique investment opportunity in Lancaster, California's High Desert region. Located at 102 Street W / Avenue K12, Quartz Hill, CA 93536 (APN 3248-008-018), this property is zoned LC A1-2 1/2. Its strategic location offers easy access to major transportation arteries, including Highway 14, providing convenient commutes to both Lancaster and Palmdale. The land's tranquil setting provides a rural escape while remaining close to urban amenities. Priced at $32,500 ($12,948.21/acre), this property is ideal for various uses, including residential development, ranching, or investment. The High Desert's rapid growth and proximity to solar energy projects make this a compelling investment in a dynamic market. This vacant land offers significant potential for long-term appreciation, capitalizing on the increasing demand for land in this expanding region of Los Angeles County. The property's size and zoning provide flexibility for a range of development possibilities, making it an attractive option for both individual and corporate investors seeking a foothold in the thriving Lancaster real estate market. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 2.51 ac (109,336 SF)

Cap rate & NOI

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

Location

102 W / Ave Lancaster, CA 93536
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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