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 G / 115 St Lancaster, CA 93536

    • Land
    • 4.36 lot acres
    For Sale
    View listing
    $42,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ave G / 115 St

    Lot size
    4.36 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4.36-acre parcel presents a compelling investment opportunity in Lancaster, California. Located at the intersection of Avenue G and 115th Street West, this property boasts convenient access to Highway 14, ensuring seamless connectivity to major transportation routes. The land is zoned LC A22, offering flexibility for a variety of potential uses. Its strategic position provides proximity to both Lancaster and Palmdale, tapping into the growth and development of this dynamic region. The asking price is $42,500, translating to a price per acre of $9,747.71. The property's size and location make it suitable for various development projects, including but not limited to residential construction, commercial ventures, or industrial applications. The parcel's Assessed Parcel Number (APN) is 3265-010-017. This is a rare opportunity to acquire a sizable land parcel in a thriving area with significant potential for future appreciation. The property's accessibility and location within Los Angeles County, specifically in the 93536 zip code, further enhance its investment appeal. Serious inquiries are encouraged to explore the possibilities this unique property offers.

    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
    -118.48
    Latitude
    34.7311

    Comparable in this City

    • Value Estimation by Request
      4.36 Acres

      Ave G / 115 St

      Farms • 4.36 Acres
      0 Ave G / 115 St, Lancaster, CA 93536
      View Details
    • Value Estimation by Request
      10.80 Acres

      Drt /249 St

      Farms • 10.80 Acres
      0 Drt /249 St, Willow Springs, CA 93536
      View Details
    • Value Estimation by Request
      2.56 Acres

      Avenue L6

      Farms • 2.56 Acres
      0 Avenue L6, Lancaster, CA 93536
      View Details
    • Value Estimation by Request
      10.57 Acres

      220Th St

      Farms • 10.57 Acres
      0 220Th St, Lancaster, CA 93536
      View Details
    • Value Estimation by Request

      205Th St

      Farms
      0 205Th St, Lancaster, CA 93536
      View Details
    • Value Estimation by Request
      2.49 Acres

      112Th St

      Farms • 2.49 Acres
      0 112Th St, Lancaster, CA 93536
      View Details

    Similar Nearby for Sale

    • $42,500
      4.36 Acres

      Lancaster Land: 4.36 Acres

      Prime Lancaster location, ideal for development.
      0 Ave G / 115 St, Lancaster, CA 93536
      View Details
    • $149,700

      Lancaster Land: Six Lots Available

      Prime Agricultural & Commercial Land in Lancaster, CA
      0 205Th St, Lancaster, CA 93536
      View Details
    • $225,000
      8.10 Acres

      8.1 Acres, Fairmont, CA Land

      Prime Lancaster location, highway frontage, reduced price!
      0 Ca-138, Lancaster, CA 93536
      View Details
    • $162,700
      10.80 Acres

      Lancaster Land: 10.8 Acres

      Prime CA agricultural/commercial land
      0 Drt /249 St, Willow Springs, CA 93536
      View Details
    • $73,725
      9.83 Acres

      Lancaster Land: 9.83 Acres

      Prime Agricultural & Commercial Land
      0 200Th St, Lancaster, CA 93536
      View Details
    • Contact for pricing
      1.26 Acres

      Lancaster Ag Land Investment

      1.26-Acre Level Lot, $27,500
      0 Avenue F8, Lancaster, CA 93536
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      647,757 SF

      Lancaster Distribution Warehouse with Dock

      Large warehouse with 74 dock doors and spec office.
      46950 N 45Th St W, Lancaster, CA 93536
      View Details
    • Contact for pricing
      395,390 SF

      Lancaster Warehouse with High Clearance

      Large warehouse with high ceilings and ample loading docks.
      W 35Th St W, Lancaster, CA 93536
      View Details
    • Contact for pricing
      926,860 SF

      Lancaster Industrial/Distribution Building For Rent

      Freestanding industrial/distribution building with cross-dock loading and secured yard.
      2801 Avenue West, Lancaster, CA 93536
      View Details
    • Contact for pricing
      926,860 SF

      Lancaster Industrial Distribution Building

      Freestanding industrial building with cross-dock loading and secured yard.
      2801 Avenue H W, Lancaster, CA 93536
      View Details
    • Contact for pricing

      Retail Property Fully Leased

      Retail property in Lancaster, CA, currently 100% leased.
      44840 Valley Central Way, Lancaster, CA 93536
      View Details
    • Contact for pricing
      5,394 SF

      Retail Space For Lease

      In-line retail space available for lease.
      44920 Valley Central Way, Lancaster, CA 93536
      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 G / 115 St
    Lancaster, CA 93536
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.