Property profile

0 220Th St Lancaster, CA 93536

OFF-MARKET
Land
10.57 ac lot
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Property summary

AI-generated overview

This exceptional 10.57-acre parcel presents a unique investment opportunity in unincorporated Los Angeles County, near Lancaster, CA (zip code 93536). Located at 220th St E, this sizable rectangular lot offers versatility for a variety of uses, including agricultural pursuits, commercial development, or residential construction. The property boasts convenient access to main paved roads, making it easily accessible. Its low basis presents a compelling land banking opportunity for investors seeking long-term growth potential. The APN is 3342-006-012. Currently vacant, this land is ideal for those seeking a substantial plot for personal or recreational use. The property's size and location make it a highly attractive proposition for developers or individuals looking to establish a presence in this desirable area of California. The asking price for this expansive property is $35,000. This represents a significant opportunity to acquire a substantial land holding in a rapidly developing region. The property's mixed zoning allows for a wide range of potential uses, subject to local planning and zoning regulations. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 10.57 ac (460,429 SF)

Cap rate & NOI

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

Location

220Th St Lancaster, CA 93536
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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