Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Elizabeth Lake Rd Lake Hughes, CA 93532
    Back to Search
    Property profile & analytics

    Elizabeth Lake Rd Lake Hughes, CA 93532

    View on Map
    • Land
    • 0.07 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Elizabeth Lake Rd

    Lot size
    0.07 lot acres
    Property type
    Land

    Description

    This exceptional 0.07-acre commercial land parcel is situated in Lake Hughes, California, boasting a desirable location on Elizabeth Lake Road. The property features a flat topography and is zoned LC R17500, presenting significant development potential. Its convenient corner lot placement offers excellent visibility and accessibility. The asking price is $15,000, translating to a price per acre of $214,285.71. The parcel's APN is 3241-014-011. Located in Los Angeles County, with a zip code of 93532, this property enjoys proximity to notable landmarks such as The Painted Turtle, the Rock House, and various camping areas. The surrounding neighborhood includes other residential homes, suggesting a blend of commercial and residential development. This presents a unique opportunity for investors or developers seeking a strategically located commercial lot in a picturesque setting. The property's flat terrain simplifies development plans, minimizing site preparation costs. Given its size and zoning, this land parcel is ideal for a variety of commercial ventures, subject to local regulations and approvals. Serious inquiries are encouraged to explore the possibilities of this attractive investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Hughes
    County
    Los Angeles
    State
    California
    Longitude
    -118.385
    Latitude
    34.6633

    Comparable in this City

    • Value Estimation by Request
      175.00 Acres

      43095 Ranch Club Rd

      Land • 175.00 Acres
      43095 Ranch Club Rd, Lake Hughes, CA 93532
      View Details
    • Value Estimation by Request
      63.00 Acres

      42701 Ranch Club Rd

      Farms • 63.00 Acres
      42701 Ranch Club Rd, Lake Hughes, CA 93532
      View Details
    • Value Estimation by Request
      0.11 Acres

      Lk Hughes Rd Vic Muir

      VACANT COMMERCIAL LAND • 0.11 Acres
      Lk Hughes Rd Vic Muir, Lake Hughes, CA 93532
      View Details
    • Value Estimation by Request
      0.09 Acres

      Trl K Vic Elizabeth La

      VACANT COMMERCIAL LAND • 0.09 Acres
      Trl K Vic Elizabeth La, Lake Hughes, CA 93532
      View Details
    • Value Estimation by Request
      9.08 Acres

      Ste Ste Ste Pav

      VACANT COMMERCIAL LAND • 9.08 Acres
      Ste Ste Ste Pav, Lake Hughes, CA 93532
      View Details
    • Value Estimation by Request
      0.28 Acres

      Elizbeth Lke Rd Vic Lke

      VACANT COMMERCIAL LAND • 0.28 Acres
      Elizbeth Lke Rd Vic Lke, Lake Hughes, CA 93532
      View Details

    Similar Nearby for Sale

    • $40,000

      Lake Hughes Acreage for Sale

      6.58 acre lot with paved road frontage in Lake Hughes.
      20661 Pine Canyon Rd, Lake Hughes, CA 93532
      View Details
    • $320,000
      78.83 Acres

      Sierra Paloma Foothills Land Parcel

      78.83 acre land parcel with panoramic views.
      Vic Price Cyn 180W Ave, Lake Hughes, CA 93532
      View Details
    • Contact for pricing

      Private Mountain Lot on 40 Acres

      Secluded 40-acre mountain lot with potential for residence or retreat.
      25 3 Points Rd, Lake Hughes, CA 93532
      View Details
    • $320,000
      40.82 Acres

      Land in Lake Hughes, CA

      40.82+/- acres of residential/agricultural land with mountain views.
      250 Stw/Ave E8, Lake Hughes, CA 93532
      View Details
    • Contact for pricing
      0.15 Acres

      Land in Lake Elizabeth, CA

      Investment parcel in a quiet, beautiful area near Palmdale/Lancaster.
      42621 Gumtree Dr, Lake Elizabeth, CA 93532
      View Details
    • $35,000
      5.00 Acres

      5 Acres in Lake Elizabeth

      Two adjacent parcels totaling 5 acres in Lake Elizabeth, CA.
      Johnson/Limeridge 3224-002-070, Lake Hughes, CA 93532
      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.
    Elizabeth Lake Rd
    Lake Hughes, CA 93532
    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

    Thank You for Inquiry
    Elizabeth Lake Rd, Lake Hughes, CA, 93532
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!