Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Ave. F2/92 St Lancaster, CA 93535

    • Land
    • 10.22 lot acres
    For Sale
    View listing
    $76,650
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ave. F2/92 St

    Lot size
    10.22 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 10.22-acre agricultural property, located at East Ave. F2/92 Street East, Lancaster, CA 93535 (APN 3307-014-033), presents a unique investment opportunity. The land is zoned B1, allowing for a variety of uses including residential, animal hospitals, dairies, dog kennels, livestock feed lots, manure spreading, oil wells, solar farms, recreation, parking lots, or farming. The property consists of six separate lots, offering flexibility for buyers interested in purchasing the entire tract or individual parcels. Many lots are conveniently situated on corner lots with paved road access, and power lines are readily available nearby. This largely undeveloped land offers a blank canvas for a wide range of projects, from peaceful retreats to lucrative developments. The asking price for the entire 10.22-acre parcel is $76,650. This represents a compelling opportunity to acquire a significant land holding in a growing California market. The property's location in Lancaster provides convenient access to local amenities and transportation networks. Serious inquiries are encouraged to explore the potential of this versatile and strategically located property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -117.965
    Latitude
    34.6942

    Comparable in this City

    • Value Estimation by Request
      4.66 Acres

      Avenue J

      Farms • 4.66 Acres
      0 Avenue J, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      169.80 Acres

      7263 Avenue F8

      Farms • 169.80 Acres
      7263 Avenue F8, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      2.51 Acres

      Ave F8 / 115 St

      Farms • 2.51 Acres
      0 Ave F8 / 115 St, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      39.56 Acres

      165Th St

      Farms • 39.56 Acres
      0 165Th St, Lancaster, CA 93535
      View Details
    • Value Estimation by Request

      E4 Vac 120/ Ave

      Farms
      E4 Vac 120/ Ave, Lancaster, CA 93535
      View Details
    • Value Estimation by Request
      10.56 Acres

      Vic Ave G8

      Farms • 10.56 Acres
      0 Vic Ave G8, Hi Vista, CA 93535
      View Details

    Similar Nearby for Sale

    • $51,500
      10.26 Acres

      Lancaster Agricultural Land - 10 Acres

      Prime 10-acre agricultural parcel. Ideal rural investment.
      M Vac Cor Ave, Palmdale, CA 93535
      View Details
    • $76,650
      10.22 Acres

      Lancaster Agricultural Land - 10 Acres

      Prime 10-acre agricultural tract in Lancaster, CA.
      0 Ave. F2/92 St, Lancaster, CA 93535
      View Details
    • $62,850
      8.38 Acres

      Lancaster Agricultural Land

      8.38 Acres, $62,850
      0 Ave K/130 St, Lancaster, CA 93535
      View Details
    • Contact for pricing
      2.56 Acres

      Antelope Valley Land - 2.56 Acres

      Mountain views, build your dream home.
      41st East / Ave, Lancaster, CA 93535
      View Details
    • $59,000
      4.66 Acres

      Lancaster Agricultural Land - $59K

      4.66 Acres, Level Lot, Paved Road Access
      0 Avenue J, Lancaster, CA 93535
      View Details
    • Contact for pricing
      2.56 Acres

      Lancaster Land: Prime 2.56 Acres

      Agricultural & Commercial Potential in Lancaster, CA
      0 Lancaster Blvd, Lancaster, CA 93535
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      27,468 SF

      Lancaster Industrial Warehouse Space

      Prime Lancaster location, versatile office space.
      456 Ave K-4, Lancaster, CA 93535
      View Details
    • Contact for pricing
      40,776 SF

      Lancaster Land with Warehouse

      40,776 SF land with 1,600 SF warehouse for lease.
      100 Avenue G8 E, Lancaster, CA 93535
      View Details
    • $0.15 SF/Yr
      213,008 SF

      Lancaster Industrial Outdoor Storage Space

      Industrial outdoor storage with functional metal buildings and office trailer.
      660 Avenue L W, Lancaster, CA 93535
      View Details
    • $2,000 /Mo
      32,670 SF

      Fenced Yard in Lancaster, CA

      0.75 acre fenced yard with 24/7 access.
      42555 E 3Rd St, Lancaster, CA 93535
      View Details
    • $5,000 /Mo

      Industrial Lot with Ample Yard

      Spacious lot suited for heavy industrial use, available for lease.
      42052 3Rd St E, Lancaster, CA 93535
      View Details
    • Contact for pricing
      217,700 SF

      Distribution Facility Available Q4 2025

      Distribution facility featuring 28 dock-high doors, available Q4 2025.
      360 Avenue L4 W, Lancaster, CA 93535
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Ave. F2/92 St
    Lancaster, CA 93535
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.