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Property profile

0 103Rd St 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. Located at the corner of Avenue K8 and 103rd Street West, this flat, easily accessible property boasts a desirable location with convenient access from Avenue K. The property is zoned LC A1 2 1/2 and features a total area of 2.51 acres, offering a compelling price per acre of $15,537.85. Its advantageous position places it near established solar fields to the southeast, suggesting potential for future development or synergy with existing energy infrastructure. The parcel's flat terrain simplifies potential development plans, minimizing site preparation costs. The property's APN is 3248-006-012. This land is situated in Los Angeles County, California, with a 93536 zip code. The coordinates are 34.6673524 latitude and -118.310963 longitude. This offering presents a compelling investment opportunity for those seeking agricultural land in a strategic location. The asking price for this remarkable property is $39,000.

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

103Rd St 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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