0 Elizabeth Lake Rd Lake Hughes, CA 93532
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.