3001 Avenue H Lancaster, CA 93536
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 3001 Avenue H
- Lot size
- 40.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 10-million-dollar investment opportunity encompasses four parcels totaling 40 acres of mixed-use land situated in Lancaster, California, at the hard corner intersection of Avenue H and 30th Street. The property boasts MU-E zoning, allowing for a diverse range of development options, including multi-family residential (with potential density of 15-30 units per acre, totaling up to 430 units), business parks, and light industrial uses. All utilities are conveniently located in the street. The location offers excellent visibility due to its signalized intersection and proximity to a freeway off-ramp, ensuring easy access and high traffic exposure. This strategic location is further enhanced by its adjacency to the Antelope Valley Fairgrounds, currently undergoing a significant $90 million expansion. The area is experiencing substantial growth, with 4 million square feet of industrial space currently in plan check nearby, and seven residential communities under development in the vicinity. Off-site infrastructure is already in place on West Avenue H, streamlining future development plans. The Antelope Valley's consistently strong rental market, offering some of the most affordable housing in Los Angeles County, makes this property particularly attractive to investors and developers seeking significant returns. APN: 3107-011-051 to 054.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.184
- Latitude
- 34.7188
